03/01/2016 – live cattle

April live cattle:

1. In yesterday’s (Monday, February 29) Williams edge live meeting it was noted that April live cattle (then trading at approximately $137.00) could be sold short for a quick decline to $136.10 into Tuesday, March 1.

2. Subsequently, April live cattle declined and today (Tuesday, March 1) completed the $136.10 downside target, successfully completing the forecast/trade (today’s session low, $135.92, so far). Will message any further entry or indication in April live cattle.

David Williams