{"id":170887,"date":"2020-05-21T10:45:28","date_gmt":"2020-05-21T14:45:28","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170887"},"modified":"2020-05-21T08:00:17","modified_gmt":"2020-05-21T12:00:17","slug":"cattle-analysis-lower-beef-production-forecast-bullish-for-live-cattle-price","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/cattle-analysis-lower-beef-production-forecast-bullish-for-live-cattle-price\/","title":{"rendered":"CATTLE Analysis: Lower beef production forecast bullish for live cattle price"},"content":{"rendered":"
May 21, 2020<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Lower beef production forecast bullish for live cattle price<\/strong><\/p>\n

The US Department of Agriculture World Agricultural Supply and Demand Estimate forecast for 2020 lower US total red meat and poultry production from last month as the sector adjusts to COVID-19 and economic uncertainty. Beef production is reduced as lower expected cattle slaughter more than offsets heavier carcass weights. Lower production is bullish for the live cattle price.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
RSI<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MACD<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 100.42<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 93.66<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Lower beef production forecast bullish for live cattle price The US Department of Agriculture World Agricultural Supply and Demand Estimate forecast for 2020 lower US total red meat and poultry production from last month as the sector adjusts to COVID-19 and economic uncertainty. Beef production is reduced as lower expected cattle slaughter more […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170887","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170887"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170887\/revisions"}],"predecessor-version":[{"id":170901,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170887\/revisions\/170901"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}