268: Cash Strength Returns, But Are Cows the Wild Card in This Cattle Market?
This week the team digs into a strong cash cattle rally, a technical breakout in futures, and what finally gave the board something real to price. Cash traded up to 250 in spots, feeders were choppy, and open interest suggests managed money still believes in the move.
But under the surface, cow slaughter is ticking higher, dairy liquidation is adding volume, and March and April supplies may not be as tight as some hope. At the same time, beef demand projections for 2026 were revised higher, signaling strong long-term optimism. The big questions now revolve around consumer follow-through…
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