Global Capital Reserves: Livestock Futures (Near) Limit Down

Monday, May 23, 2011

Livestock Futures (Near) Limit Down

Feeder cattle was limit down, and live cattle was nearly limit down. Lean hog was near limit down. I don't think I've ever seen this occur before!

Feeder cattle

Live cattle

Lean Hog

Daily chart for live cattle

S Benard at 3:00 PM

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About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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