LCTD Live Cattle Loading... : Bullish and Bearish Analyst Opinions

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19:48
Jul 07
Mike McGlone Senior Commodity Strategist, Bloomberg Intelligence Bloomberg Markets
Peak cattle prices likely reached.
Mike McGlone says live cattle may have peaked/top reached, but does not make an explicit cattle short/put call; bearish commodity view is avoid.
LCTD 1ST
LOW
21:46
Jul 02
Robin Wenzel Head of Wells Fargo Agri-Food Institute Bloomberg Markets
Beef prices staying high until 2027
US cattle herd at a 75-year low, ground beef prices up 14%, rebuilding takes 2-3 years so no relief until 2027; CME launching new contracts makes elevated beef an investable trend.
LCTD 1ST
MED

About LCTD Analyst Coverage

Buzzberg tracks LCTD (Live Cattle) across 1 sources. 1 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (50%). 2 total trade ideas tracked. Past 7 days: 1 watch. Latest voices: Mike McGlone, Robin Wenzel.