the cattle market took this long to give me my sell orders for Oct and Dec cattle. Probably just my impatience to make use of my Bear Coat I started wearing. My cycle rotations usually have a 3 day window to put in a cycle high or low. Today was day 3 for a cycle high but I was really expecting the JUMP to happen yesterday and was really disappointed with yesterdays trade but might have put the top on the corn market. The Big Dog Funds might have been too busy putting the brakes on the corn market so they had to save their fire power in the cattle for today.

Anyway I was able to dump all of my long Oct and reverse to short Oct @ 180.20 to 180.35. I also threw on some short Dec for myself and traders @ 181.20 to 181.50, we left more on the table which surprised me but my main concern was to get the shorts in place. I still have to believe the consistent 5 month cycle low due in mid Oct is about ready to Trip the Flush Handle. The fall Wash Outs are usually deeper than the spring Wash Outs. This one could even extend into early Nov to try to test the Dec lows from last year. The search for the bottom of the 2024 Abyss will not be fundamentally driven but economically driven. That's why it will come as such of a surprise Gut Punch to producers. This 5 month cycle low Abyss will just set the stage for a deeper Abyss in 2025 for the 9 year cycle low. All of the clues have been there since the strange market behavior in August. Todays high on the weekly front month chart was a bit above the 50 week mov av. around 180.30 with that being very heavy resistance to keep turning it back down, unless the packers decide to raise their offers. No reason at this time to do that.