On Thursday, we saw the grain and livestock markets have a mixed to lower day. Bryan Doherty with Total Farm Marketing gives us a recap of the day’s trade while also giving us the first of many lessons on options strategies. Today, we dive into what a long call option is. Find more at https://www.totalfarmmarketing.com. Always remember the risk of trading futures and options can be substantial.
Why did the cash cattle market collapse this week? Cash prices fell $24 from the previous week, leaving producers asking what changed in a market that continues to be supported by historically tight cattle supplies. On this week’s Cattle Chatter, Brad Kooima of Kooima Kooima Varilek breaks down the factors behind the sharp decline and explains why the market came under such heavy pressure despite the bullish long-term fundamentals.
