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It really isn't open yet.... http://barnhardt.biz/ here is a good blog post that describes the reality of the situation.

It means nothing to me. I don't know how to trade off it and I think it winds up being a nothing. Japan is important to the packers but means very little to cattle producers. I think the end result will be very little change.

here is a blog I just wrote on corn and wheat. http://themoneyblogs.tradingmarkets.com/researchlab/my.blog/ Cattle and feedlot analysis is just a side job, quantitative trading is my real job.

Well, I don't want you to listen to feedlot experts since most don't know the first thing about running a profitable operation let alone trading futures. And we all trade the cash market if we trade futures-they are a reflection of each other and the basis has me concerned. All I know is that...

From a cash market perspective I have a hard time seeing that as a likely outcome. From a technical standpoint I am watching FC in a DeMark sell countdown(up), we are on day 5, buying usually exhausts itself on count of 13 closes higher than the close 2 days ago after 9 consecutive closes...

Dressed cattle is the carcass-post slaughter but not boxed beef. The dressed beef is about .65 the weight value of live cattle; $81.50cwt/.65 =$125cwt for dressed cattle. Roughly speaking.

I create a custom chart using tradestation but you could replicate one in Excel. For the cattle crush you can use the exchange requirements for lowered margin of 4:2:1. 4 LC-2FC-1C. I also add in other costs and use a more realistic number and spacing of contracts to represent the cash...

When you go the grocery store and buy a steak it is choice, when you buy stew meat it is select, generally speaking. When the spread is high the incentive is usually to keep supplies current because there is a premium price paid by the retailers for that beef. I don't infer a lot from it however...

Keep in mind that 2nd cut cattle in Nebraska traded lower before cattle rallied on Thursday. We need the slaughter as high as it can go. If slaughter does not keep pace and exceed last years then slaughter ready cattle will build up at feedlots and we wll see price pressure. Remember, the LC...

I would probably stay away from full crushes and just do a feeder/live spread to capture the essence of the fundamentals with a more efficient trade. Work with a good broker, that is the best advice. Go with an ag broker that knows the trades and knows the brokers in the pit. A good comission...

stop running today in the cattle.

Cash trade occurs generally on thurs. and Friday during the day but depending on how many cattle are needed for weekend/next weeks slaughter. What is often more important than the actual prices are sentiment and expectations for the prices. check out this site www.barnhardt.biz. Ann is a...

I don't know any names off hand but there are a few veteran locals who sort of run the show. Keep in mind that things are very very quiet compared to Borsellino trading in the 80's or even the S&P pit of today. When I was last in Chicago a year ago the meat pit did not have a lot of...

The most likely reason for the heavy trading in the oct/decs spread is the influence of long only commodity index funds. They are long August and October and will be rolling positions to October and December when the time comes. There are also some large fund accounts that are long Oct. short...

I couldn't find in the thread exactly where you guys define what you are doing with the Iron flys. Could someone fill me in on where I am missing more details to this trade.

Well most days volume is only a few thousand contracts and there is one prominent local that is often the volume trader. I am guessing that one could trade a couple hundred contracts if they worked with this local to get the order filled.

To me it seemed like pretty normal bottom type action in the midst of a very oversold market. I traded both sides of the market today and never noticed any "trading halt" and I really doubt I would have missed something like that. I even put on a bull put spread at 1165/1145 when the SPX was...

I am considering TraderStudio and consider it to be a very worthy product offering when compared to both WL and TS. I am not at the point where I want to build my own testing platform. I would need more brainpower than I can supply at this time-at least I think so, I am not too great with...

How can I get Wealth-Lab without opening an account at Fidelity.

Some of that is certainly is true although it is far better than in the past. There used to be many bad brokers, there are less today. You can work directly with a floor broker if you have a good broker or trade a large account or are a commercial (we are) at a brokerage that specializes in...