It's about time... Agriculture Advisory The Chicago Mercantile Exchange, Inc. (“CME” or “Exchange”) is soliciting feedback from market participants via an industry survey regarding the potential for changing price limits in CME Live Cattle, Feeder Cattle, and Lean Hog futures. Market participants interested in providing the Exchange with feedback may follow the instructions in the link provided below: https://cmeg.co1.qualtrics.com/jfe/form/SV_2tUAVTgX1t9wnY1?
I've only studied cattle. Seen too many limit days, along with better price action opportunities elsewhere.
Have traded Meats for 30 years, been always my favorite markets. Was hoping it continue up as long from lows with few upper added longs in Live Cattle. I always hedge, so don't care much of limits. Have taken 10% off at goals and if rest stops me out at breakeven, that is the system as it goes for huge long term profits with rollovers, stay in game long enough, you get numb to it all.