Insights for protecting commodity profits

November Feeder Cattle appear to have taken decisive action this week, breaking the previous summer and spring lows.

 The market may pause just below recently broken support for a few days or weeks but in all likely hood is headed  lower over time.

Next targets are likely in the mid to high 80 [...]

Dec cattle making new lows today. A close into new lows will open the door for trade down to the very low 80’s & possibly 70’s.

Dec cattle put strategies have been advised as these are the best venues for downside protection. 

Corn calls as well as Feeder cattle call strategies can be implemented [...]