Here Is My Cattle Trade

03 Jan in Blog, commodity trading, feeder cattle futures, futures trading, Lean hog futures, live cattle futures, livestock futures, Mike Seery, milk futures, seeryfutures

Live Cattle Futures--- Live cattle futures in the February contract finished slightly lower this Wednesday afternoon in Chicago down 40 points at 122.95 as I'm currently not involved in this market, but I will be recommending a bullish position on some type of price retracement as the 10 day low stands at the December 11th low at 117.57 as the risk is around $2,200 per contract plus slippage & commission which in my opinion is too high at this time.

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