Dan Vaught
Dan Vaught
cattle commodity general growth increase increased interest market open reflected seen short side
The general increase in commodity futures market open interest has reflected the growth of hedge funds. And, recently, the short side of cattle futures has seen increased participation from the more traditional commodity funds, also.
carrying momentum mostly york
I think it was mostly upward momentum carrying over from the New York session.
crude later oil reports suggested
Later reports suggested they (Saudi forces) foiled the (attack) attempt, but you still have crude oil up over $2 a barrel.
cattle expect interest next open records roll seen several week
Several times we've seen all-time live cattle open interest records set the week before the Goldman roll begins. I expect we'll set another live cattle futures open interest record next week.