The amount of bullish cattle rhetoric on here the last month or so was a caution flag when compared to what price action/money flow was telling the mkt.

Was today a warning shot?

Countless posts on X continue to point to the same fundamentals of the cattle market, but there are others at play here. Lower priced feeders in Aug/Sep set to finish in the coming months have brought lower breakevens, or improved margins. This currently puts us in the 90th

$cattle

yep

Sold cattle Friday afternoon. Immediately followed by a tornado. Even took out the snow cone truck

A good barometer for the cattle market is when LRP starts getting attacked on social media again.

Going into today, our algo went short live cattle for the first time since the beginning of April. Attached is a page from our matrix we send out every morning pre-market. Not a great look at the close, but prices are still pretty solid.

Kicked 3 loads out to pasture this week. Could use 3 more just to keep up with the grass.

but what does this mean for the cattle market

Corn crop made? Decatur, IL Opening calls for tomorrow night…Michael Hagan

Sentiment on here is getting awfully complacent.

Tariffs. But we delay them every 90 days for the rest of humanity.

They don’t even know what limit down means.

Who gets fired this time?

And here we go again, cattle

Packers dropping bids mid-day was interesting. All eyes on cash cattle. With carry being built- watching if traders are interested in rolling to a more expensive LC contract, rather than a discount, as has been the case most of the year. Commercials can see the carry too.