Nashville - Delray
Premium Content
TM
Shootin' The Bull
"Shootin' The Bull" is a daily futures and commodity market commentary, written by Chris Swift, commodities broker and founder of Swift Trading Company in Nashville, Tennessee.
With over 30 years of experience in the commodity futures industry, Chris's technical and fundamental analysis is provided for his clients and readers in an attempt to make a more informed trading decision.
​
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.
Our Mid Day Cattle Comment has a free 30 day trial, then is $300.00 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 link at top of page to subscribe.)
​
We respect your privacy. Any information provided to us will never be shared to a third party.
“Shootin’ The Bull”TM
by Chris WInward
7/21/2026
​
Starting on 8/1/26, both the "Shootin' the Bull" ™ and Mid-Day Cattle Comment will be transmitted via email and no longer available on our website Monday through Thursday. Friday's Weekly Market Recap will still be posted as normal. As a client, both commentaries are included free of charge with our brokerage services . Subscribers to the commentary package will be charged $300.00 annually. A 30-day trial will be offered with billing instructions and payment link to follow.
Cattle:​
Today's price action was unimpressive. The lack of follow through buying on yesterday's strength in both the fats and feeders leaves the question unanswered as to whether or not this is a dead cat bounce or something more. PM choice boxes were down 3.19 @ 366.91 and select down 1.22 @ 354.23. A lower index reading, lower boxes and lethargic price action with front month feeders being down the most are good reasons to use this week to get some hedging plan in motion before Friday's data releases of the Cattle on Feed, Cold Storage and Semi Annual Inventory reports. With higher corn, potential global shipping disruptions and a consumer that is feeling the squeeze of less spending power, I don't see cattle or beef making new highs in the near future. Here's the good news: Futures are still within 10 percent of all time highs and there are plenty of options that could help mitigate downside exposure. As always, make sure you understand the trade before entering it- we're glad to help with that. There has been no reportable cash trade this week but traders will look for further development in the coming days to set the tone for the second half of this week's trade.
Corn & Beans:
Corn finished the session up 2-3 cents with the Dec contract closing above the 4.75 level for the first time since June 1. Higher crude will continue to help lend support with no real progress towards a ceasefire in the Black Sea or the Straight of Hormuz on the horizon. Headline risk is high and producers may look at this push to make sales. Nov beans closed the day down 4 cents but still within 10 cents of the contract highs made yesterday. Yesterday's crop progress report showed soybean conditions rising 1% vs an expected 1% decline. Corn good/exc ratings fell 1%.
​
Chris Swift is taking a well-deserved vacation this week. Reach out to me with questions.
-Chris Winward​​​​​​​​​
​​​​​
​​​​​​​​​​ “This is intended to be or is in the nature of a solicitation.” 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.
​​
​​
​