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Live Cattle Futures Chart 10 Years


Live Cattle Futures Chart 10 Years

Hey there, cattle wrangler of the markets! Ever wondered what a live cattle futures chart looks like if you zoom out, like, way out? Say, 10 years into the past? Buckle up, because we're about to take a stroll down memory lane, cattle style.

Back in the Saddle: 2012

Let's kick things off in the good ol' days of 2012. The live cattle futures were just chillin', hanging out around $1.20 per pound. Life was simple, prices were steady, and everyone was happy as a cow in a clover field.

Rodeo Days: 2013-2014

But oh, how things can change in a hurry! In 2013, we had ourselves a little rodeo. Prices started buzzin' around like a fly on a hot griddle, jumping up to $1.60 per pound. It was a wild ride, folks! Then, just when you thought it was safe to get back in the market, 2014 happened. Prices dropped like a lead balloon, all the way down to $1.30. Talk about a rollercoaster!

Stormin' the Gates: 2015-2019

But hold onto your hats, because we weren't done yet! From 2015 to 2019, prices started climbing like a bull on a trampoline. We're talkin' $1.40, $1.50, even flirtin' with the $1.60 mark again. It was a beautiful thing to see, like a cattle drive in slow motion.

COVID-19: The Great Beef Shortage of 2020

Then, out of nowhere, came 2020. You remember 2020, right? The year that ate our lunch and asked for seconds. Prices shot up like a rocket to the moon, peaking at an eye-watering $1.70 per pound. It was the great beef shortage, and everyone was talkin' about it. Even your grandma was in on the action, trying to snag the last pack of ground beef at the grocery store.

Cattle prices turning lower - Canadian Cattlemen
Cattle prices turning lower - Canadian Cattlemen

Here and Now: 2021-Present

But fear not, dear market-goer! After that wild ride, prices have settled down like a contented cow in a field of green. We're back to around $1.30 per pound, just chillin', like it's 2012 all over again. It's been a wild 10 years, hasn't it?

So, What's the Moral of the Story?

Well, my friend, the live cattle futures chart is like a rollercoaster ride. It's got its ups and downs, its twists and turns. But at the end of the day, it's all about hangin' on and enjoyin' the ride. So, buck up, buttercup! The next 10 years are just around the corner, and who knows what adventures await us in the world of live cattle futures?

Until next time, keep your eyes on the market, and your boots on the ground. Happy trading!

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