June live cattle:
1. Back on Tuesday, May 3 it was noted that any breakout above $116.85/$.90 in June live cattle could be bought for in advance to $117.70, then $118.40/$.50.
2. Subsequently, live cattle broke out above $116.85/$.90 and completed both the $117.70 and $118.50 upside target’s (and advanced substantially higher as well). This successfully completes the forecast/trade. Will message any further entry or indication in June live cattle.