The live cattle, feeder cattle and lean hog futures markets have exploded to the upside this week. Prices on Tuesday closed at bullish monthly high closes, to suggest still more upside price pressure in the near term. The strong rally in the livestock sector, crude oil prices hitting a six-month high this week, and some other major raw commodity markets showing signs of bottoming out are all good news for the raw commodity market bulls. The year 2018 is likely to be a very positive year for the raw commodity market bulls. Stay tuned!–Jim
