Shootin’ The Bull

Offering technical & mechanical analysis of the commodity market, for the improvement of risk management.

“Shootin’ The Bull” is a market commentary written end-of-day, recapping the days market activity. The Mid-Day Cattle Comment is a market commentary written during trading hours, providing subscribers with pertinent, real time information to help readers make a more informed trading decision. In today’s volatile trading environment, access to real time information is perceived advantageous in an ever changing market. Our Mid-Day Cattle Comment has a free 60 day trial, then $150 annually. This service is free for active clients and comes with the added benefit of having a broker just a phone call away to answer your questions. (Click either link above to subscribe.)

“Shootin’ The Bull”

Commodity Market Comments

by Christopher B. Swift

July 21, 2017

Live Cattle:

On Feed: 105%, Placement’s 116%, Marketed 104%

I can’t recall a more skewed number from guess to actual.  I’m not real sure I’ve seen a placement number this high.  I’m sure there has been.  So, I’ll anticipate the worst and hope for the best.  I’ll be working this weekend on how to best engage this news and the markets.  The positive aspect of this will be that none of this changes the demand spectrum.  In previous reports, all having been higher as well, traders took prices lower initially, but were unable to keep them there.  It may take a little longer for this large of a number to be digested, but I anticipate it to be.

Feeder Cattle:

There is nothing to discuss until the impact is seen on Monday.  I anticipate a limit down open and we’ll begin working from there.

Corn:

Corn was lower today.  I anticipate corn to continue higher.


Crude:

Crude sold off sharply today.  This puts most contract months to the middle of the range made the past 4 weeks.

S & P 500 Stock Index:

The S&P was lower, but not by much.  Still watching and waiting.

New Account Forms

Live account forms on line. They are very simple to use and can be filled out in a matter of minutes. I look forward to earning your business. If you have any questions or would like further information, please feel free to contact me at anytime.

FutureSource:

FutureSource Commodity Market Chart 1
FutureSource Commodity Market Chart 2
FutureSource Commodity Market Chart 3
FutureSource Commodity Market Chart 4
FutureSource Commodity Market Chart 5
FutureSource Commodity Market Chart 6
FutureSource Commodity Market Chart 7
FutureSource Commodity Market Chart 8
FutureSource Commodity Market Chart 9
FutureSource Commodity Market Chart 10
FutureSource Commodity Market Chart 11
FutureSource Commodity Market Chart 12
FutureSource Commodity Market Chart 13


Being a commodity broker introduces me to all aspects of agricultural production.  Crop insurance is one of those aspects and it has been a pleasure watching my son excel in this field.  Although Swift Trading Company is not associated with C & H Insurance, I have no reservation recommending Will’s expertise and the services he provides.
C & H Insurance Commitment
With the recent changes made in crop insurance programs, C&H Insurance is even more determined to provide outstanding service to its clients.  Keeping abreast of the ever changing and challenging agricultural environment, we attempt to expose risk and capitalize on opportunities.  The personal services provided by Will Swift at C & H Insurance are listed below:
  1. Help determine the level of coverage and type of insurance plan by:
  • Analyzing your current financial situation and taking current breakeven goals into consideration
  • Analyzing your current marketing plan. This includes, your current positions, future sale goals, and how potential market changes will affect your marketing plan.  Then we make the extra effort to make sure the insurance plan you choose now will still be the right choice at harvest.
  • Analyzing land locations to determine what the best unit structure would be for that current year and where your greatest risk lies.
  1. Mapping of your planted acres and record keeping in book form.
Products offered to C&H clients include:
  1. Catastrophic insurance
  2. Yield Protection
  3. Revenue Protection
  4. Revenue Protection Harvest Price Exclusion
  5. Group Risk Protection Plan
  6. Hail & Fire Insurance
  7. Livestock Risk Protection
  8. Livestock Gross Margin
  9. Pasture Range and Forage
To discuss your crop insurance options for the upcoming season, please contact Will Swift at 573-472-9948 or email William@cropNhail.com .
I look forward to earning your business.
Will Swift

Futures trading is not for everyone. The risk of loss in trading futures can be substantial; therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Past performance is not indicative of future results, and there is no assurance that your trading experience will be similar to the past performance.

Commodities Brokerage, Commodity Market Analysis, Hedging, Price Risk Management

FACILITATE TRADE: It’s what we do that sets us apart.