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Wyckoff's CME Cattle Forecast: Bullish Tone Led by $2 Higher Cash Bids

15 October 2013
Jim Wyckoff Commentary -  TheCropSite

ANALYSIS - CME cattle futures markets started the week higher, supported by $2 higher cash prices and amid a lack of other fundamental news during the US government shut down, reports Jim Wyckoff, TheCattleSite grain analyst.

Jim Wyckoff shares his expectations for cattle and hog futures trading this week.

To view Jim's outlook for CME feed grain futures, click here.

TheCattleSite News Desk

IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any traders and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature.

Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): 1. Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you.



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