Shawn Leifeste & Leifeste Family

5420079_1438007143.9431

Shawn Leifeste, son of Alan and Samantha Leifeste, is in ICU at Dell Children’s hospital in Austin, TX.  Through what many of us would describe as a freak train of events, Shawn’s esphogaus and lungs have some challenges to say the least.  Doctors and staff at the hospital are working to wean Shawn of breathing assitance devices and get his lung back in working order.  This little guy has been a trooper through all and needs our continued prayers!  Don’t forget to keep Mason, Landree and the rest of the family / friends in your prayers….. many are helping to keep things going with the kids and cattle at home.

As you can imagine, the medical bills and just everyday expenses will and have already begun to escalate.  This Go Fund Me account is our way to support the Leifeste’s as they battle for Shawn’s recovery.

While Shawn has Samantha’s warm heart and Alan’s tenacity, we all know this is going to take time, love, prayers and money to get him back being healthy.  Let’s help ease Alan and Samantha’s minds just in a small way by helping them with money for daily and medical expenses.  Heck, it will be ok if they use the money for a cattle feed bill!

Click the link below to go to the families GoFundMe page.

http://www.gofundme.com/4v9h7p4j9h

 


Live Cattle Futures Report for the week of 10/24/14 via Blue Reef Agri-Marketing

Wide daily trading ranges in Live Cattle suggest the market is getting tired and looking for new information to continue the sharp incline it’s experienced over the last 2 months. December and February worked into new highs twice last week but failed to maintain their gains. Even $5+ higher cash trade was only enough to excite the market but not give the confidence to hold. Technically the market has not changed the long term upward rotation. However, the market is in a situation of how steep, how long can we continue the short term curve. With a violation of the short term trend, breaks can be quick and potentially deep. Supplies of Fed cattle are expected to stay tight through the balance of 2014. With this market tone will still be driven by the large managed money positions.

The USDA released their October cattle on feed report Friday afternoon. Overall this again was in line with average trade estimates.

% of Last year

USDA    Trade Est

Cattle on Feed – Oct 1                     99.5%      99.7%

Placements during Sep                    101%      101.4%

Marketing’s during Sep                    99.5%      99.2%

This is intended for informational purposes only. Trading may not be suitable for all investors and may involve substantial risk of loss. You should fully understand those risks prior to trading. Past financial results are not necessarily indicative of future performance.  If you would like additional market advice please contact:

Blue Reef Agri-Marketing, Inc

www.Bluereefinc.com

309-550-7213

bluereef_logo.png


Live Cattle Futures Report for the week of 10/3/14 via Blue Reef Agri-Marketing

Cash traded late in the day Friday with light volume. Texas traded $162 and Kansas $160-162. Nebraska reported sales of $250-252 Hot Weight. The packers then raised the bids late in the day to $163 and were still unable to find enough sellers to fill their needs. There is much discussion in the trade about poor packer margins and their ability to maintain slaughter. Many believe that we may see the closing of another plant or at least see a long term shortening of hours. Futures posted good gains last week with December up $3.775. Interesting to note that majority of the futures buying last week came from the commercial side and not the funds as many had expected. As of this morning Live Cattle Futures are posting modest gains but are facing strong resistance as they try to work higher. The futures will closely watch the cash trade this week, as it is expected the packer will need to come to the market vs using up all their contract cattle.

10-6-14

This is intended for informational purposes only. Trading may not be suitable for all investors and may involve substantial risk of loss. You should fully understand those risks prior to trading. Past financial results are not necessarily indicative of future performance.  If you would like additional market advice please contact:

Blue Reef Agri-Marketing, Inc

www.Bluereefinc.com

309-550-7213

bluereef_logo.png


Live Cattle Futures Report for the week of 9/19/14 via Blue Reef Agri-Marketing

The USDA released the September Cattle on Feed Report Friday. Cattle and Calves on feed as of September 1, 2014 totaled 9.8 million head, 1 percent below last year and 5% below the 5 year average. Placements during August totaled 1.72 million head, 3 Percent below 2013. Marketings of fed cattle during August totaled 1.69 million head, 10 percent below 2013. Both Placements and Marketing were the lowest reported since the series began in 1996. Cattle on Feed and Marketings were right in line with the average trade guesses. However, August placements were about 1% higher that the trade expected. These results are based from surveys of feedlots with 1,000+ head in 16 states. As of this Monday morning this has given some pressure to Live Cattle Futures. Futures are down between 50-75 points with more pressure to the deferred months.

 

Cattle on feed sep 2014

Source: FC Stone

This is intended for informational purposes only. Trading may not be suitable for all investors and may involve substantial risk of loss. You should fully understand those risks prior to trading. Past financial results are not necessarily indicative of future performance.

 

If you would like additional market advice please contact:

Blue Reef Agri-Marketing, Inc

www.Bluereefinc.com

309-550-7213

bluereef_logo.png