Morning Cattle Market Report 12/26

A generic image of a pen and on top of a chart. Credit: Shutterstock photo

The premium of futures to the cash market and the continued flow of deliveries (25 on Monday) might be seen as short-term limiting forces. The market looks vulnerable to a short term setback after mostly neutral to negative news late last week. However, beef prices are still showing some signs of life, and traders expect continued tightening into early 2013, so the downside is also somewhat limited.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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