Pure Hedge – Livestock and Grain

8/6/26 . . I feel the Soybean Oil is on the verge of exploding higher and I bought more of it again today. Supplies are tight and demand is strong. Period. The Cattle Markets came back down to reality, and a $5.00 lower cutout could have contributed to the break today. Today could have been another Packer selling day as well, and I can’t imagine that today’s price action would be very supportive for the cash market. The US Border will be opened in Arizona in 18-Days and that could weigh on the Cattle Markets as well. This is all…