Reflected the price of feeder cattle for growth?
Feeder cattle, or beef fattening, since January of this year, prices weakened from 162 USc a pound to the current 139.90 USc per pound (futures with delivery in May). If the support at 138.50 remained neproražen, so it would create a double bottom. The current situation offers a relatively large potential profit target at low stopllosu. Feeder cattle are traded on the Stock Exchange Chicago Mercantile Exchange (CME). Graph 1: Daily feeder cattle price at USc per pound adjusted for the effect of scrolling (Source: CSI) TO THIS MESSAGE MAY APPLY Decree No. 114/2006 Coll., The fair presentation of investment recommendations. IN THIS REPORT IS THE PERSON STATED THAT THIS MESSAGE TO COMPANY ESTABLISHED OR PREPARED. Administrative authority, which the company is exercised SUPERVISION IS CZECH NATIONAL BANK. In the opinion of there are no circumstances that could disrupt OBJECTIVITY this report.Remuneration to persons who participated in the creation of this report is not derived from the operations of companies. Potential conflicts of interest in relation to this report is a modified internal regulations. RESULTS previous period are no guarantees for future development. TRADING NAand # 160; financial markets are risky. The possibility of losing not be excluded and each store is associated with certain risks. Before deciding to invest READ POUČENÍand # 160, # 160 Oanda; hazards.
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