it appear a trend change is about to happen in the cattle market. in my opinion supply outweighs demand and will soon influence cattle pricing. trend changes are fairly normal may take sometime to correct. tomorrows WASDE and other influencing factors may give traders insight post gov
shutdown. current curve is backwardated meaning front month futures
are trading at a premium compared to back months. calendars and diagonals are optimal here. remember agriculture and live stock have been flying blind since shutdown effected USDA reporting.