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Thursday Morning Livestock
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<blockquote data-quote="Anonymous" data-source="post: 87"><p>We had $75 cash trade in all areas yesterday. At these levels, I can't see much pressure coming in on the June fats, unless the funds come in and do their thing or if demand completely falls out of bed. The way that I eat meat, I can't see that happening! I'm guessing that the funds still have some dry powder in terms of liquidating more longs, but I don't see them acting anytime soon. The 70.50 area looks to be the next stop for me on the downside and I would probably start buying there. More later.</p><p></p><p> <a href="http://www.auberontrading.com/" target="_blank">Auberon's Site</a> </p><p> <a href="mailto:Rndo10@aol.com">Rndo10@aol.com</a></p></blockquote><p></p>
[QUOTE="Anonymous, post: 87"] We had $75 cash trade in all areas yesterday. At these levels, I can't see much pressure coming in on the June fats, unless the funds come in and do their thing or if demand completely falls out of bed. The way that I eat meat, I can't see that happening! I'm guessing that the funds still have some dry powder in terms of liquidating more longs, but I don't see them acting anytime soon. The 70.50 area looks to be the next stop for me on the downside and I would probably start buying there. More later. [url=http://www.auberontrading.com/]Auberon's Site[/url] [email=Rndo10@aol.com]Rndo10@aol.com[/email] [/QUOTE]
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