
In a January 17, 2025, Barchart article on the cattle futures market, I concluded:
The trend in cattle remains bullish in early 2025, with the peak demand season coming closer each week. However, the higher prices rise, the greater the odds that commodity cyclicality will create an environment where prices reach peaks. It is virtually impossible to pick tops or bottoms in any market, and the volatile cattle markets are no exception. Prices can rise or fall to levels that defy logical, reasonable, and rational fundamental and technical analysis. Therefore, approach the cattle futures with extreme caution at current, high prices.