Net position of managed money:
increase of positions
47232 – February 17, 2015
95957 – May 26, 2015
Cattle on feed – weekly report:
Cattle and calves on feed for slaughter market in the U. S. for feedlots with capacity of 1,000 or more head totaled 10.6 million head on May 1, 2015. The inventory was 1 percent above May 1, 2014.
Placements in feedlots during April totaled 1.55 million, 5 percent below 2014. Net placements were 1.48 million head. During April, placements of cattle and calves weighing less than 600 pounds were 320,000, 600-699 pounds were 240,000, 700-799 pounds were 348,000, and 800 pounds and greater were 640,000.
Marketings of fed cattle during April totaled 1.64 million, 8 percent below 2014. Marketings in Apri are the lowest since the series began in 1996.
Other disappearance totaled 66,000 during April, 20 percent below 2014.
Chart – live cattle
August contract Murrey math lines
monthly 4/8 – Major reversal line – Major Support/Resistance
August contract: monthly – Symmetrical triangle
CFD: daily – Ascending triangle, monthly – double top
