NEWS
John Harrington DTN Livestock Analyst
Mon Mar 23, 2015 04:26 PM CDT

Trading the Vernal Equinox

For those of you still yawning in hibernation, springtime in the Northern Hemisphere officially arrived on Friday. Don't bother fact-checking me with the Farmer's Almanac. Just take a look at how cattle futures are exploding like a bed of tulips on steroids.

Actually, the board first showed signs of seasonal yearning several weeks ago when live and feeder charts began cautiously cutting their way through tough overhead resistance. January's $19 price plunge had played like a nuclear winter, freezing bullish expectations at about the same time huge market hog numbers started to thunder down the CME ...

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