3 / 24
Live Cattle ~ Monthly
If you caught me on the Market Day Report on@OfficialRFDTV w/ @AllAgAllDay and @LloydBoyLuke and wondered what the heck I was talking about, this is the chart I was trying to explain. In hindsight, it is easy to see the last two substantial cattle bull markets have been on the heels of massive government stimulus programs. The first began in 2009, just after our elected leaders passed a massive stimulus package and the Federal Reserve initiated a Quantitative Easing program to inject liquidity into the economy. The second came in 2020 following an even bigger series of stimulus packages and more aggressive money printing. The first rolled over after five years; has this rolled over in the sixth year? #cattle #livestock #ags #beef