Morning Thoughts – Dec 27
Livestock – Cash cattle news was quiet on Friday. For the week it looks like sales were up about +$4 at $116. Today cash activity should be limited to the distribution of showlists. Initial asking prices should be around $118. The market will likely trade the...Morning Thoughts – Dec 23
Livestock – Cash cattle business picked up yesterday and some prices were as much as +$4 on the week. It looks like most cash business could be done for the week. The strong cash prices helped push LCG, the most active contract, to its highest level since...
Commodity Channel Index Basics
Commodity Channel Index Calculation The Commodity Channel Index (CCI) is an oscillator that helps to identify overbought and oversold conditions. This means that at the top of an uptrend (or the bottom of a downtrend), the Commodity Channel Index aims to provide a...