LIVESTOCK NEWS
Harrington's Sort & Cull
John Harrington DTN Livestock Analyst
Fri Sep 6, 2013 03:48 PM CDT

The story of basis is always rich with details about assumed supply and demand. You can always get a great reading of trading expectations by clocking the difference between the reality of spot cash and the premium or discount of deferred futures.

Of course, that doesn't mean that said expectations are right or unchangeable. Just consider the recent rags-to-riches performance of October lean futures and the surging early fall basis.

On June 20, the October board trailed the cash lean index by no less than $18.78. While sinking anticipation from summer high to fall low is par for the market ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
The Market's Fine Print
DTN Closing Livestock Comments
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
Disaster Program for Bird Flu Expected
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
Two COOL Bills Introduced in Senate
DTN Before The Bell-Livestock