Newly reported New World Screwworm cases in Mexico on Thursday and words of warning from Texas ag officials found their way into cattle market sentiment and trade on Friday as we had a sharply lower day in feeder and live cattle futures. Meanwhile, the hog market continues to find support while grains finished the week on a quieter note. Joe Kooima with Kooima Kooima Varilek out of Sioux Center, IA joins us to recap Friday’s trade and look ahead to the three day holiday weekend. Learn more at https://www.kkvtrading.com.
***AUDIO ONLY*** Also, we get market perspective on Friday’s program from Shawn Hackett with Hackett Financial Advisors. He joins us to discuss where the grain markets go from here now that we’ve digested the USDA numbers along with thoughts on weather, outside markets and more. Find more online by visiting https://www.hackettadvisors.com.
***We always remember the risk of trading futures and options can be substantial.