Cattle price trends for the week ending 3/14/20. The graphs show the average of the highest prices reported for 6 livestock auction markets located in East and Central Texas. If you have any questions please let me know.
Thanks,… Continue reading
Supply Side Crush
The price of crude had its worst week being down over 4% on a freak crude oil supply build and worries about a U.S.-China trade deal and the ridiculous impeachment of a President. The Chinese say basically… Continue reading
The crude oil market is caught in an impeachment trap yet a late breaking story may give oil direction. Saudi Arabia agrees to a partial cease fire in Yemen.
Still movement in recent days has been wide, influenced… Continue reading
While the impeachment odds fall, the market rallies in an inverse correlation. So instead of the market fearing a long divisive impeachment process, the market can focus on some of President Trump’s accomplishments at the UN. Forget the… Continue reading
Financials: Dec. Bonds are currently 7 higher at 161’15, 10 Yr. Notes1.5 higher at 130’00.0 and 5 Yr. Notes 0.75 higher at 118’30.0.These markets are still in an uptrend but highly volatile as evidenced by yesterday’s nearly 2’00 point… Continue reading