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                                                                                                                                                        Vol. 11, No. 15/ January 22, 2013

Support Keeps Coming                                                                               December 10, 2012 or the equivalent date relative to President’s Day
                                                                                                   in past years. Day 100 represents Friday, April 26.
          Thank you once again to all who have supported The Daily
Livestock Report either on line or via check. We appreciate it very                                           The reason that we use holidays that fall on set days of the
much! If you have not taken action to keep The Daily Livestock Re-                                 week is, we think, obvious by observing what happens to the other
port coming, please do so now. While the response has been good, a                                 holidays included in this June Live Cattle President’s Day set. Christ-
relatively high percentage of subscribers have not contributed to the                              mas and New Year’s Day move steadily around, influenced by the
effort. We would appreciate your doing so soon. This letter can re-                                year’s 365th day and leap year. Martin Luther King Day switches
main very affordable to everyone only if everyone does his/her part.                               weeks — relative to President’s Day — in some years. And Easter,
                                                                                                   since it is based on the spring equinox and moon phases, is all over
          A few issues that keep cropping up are:
                                                                                                   the calendar. The same relationship of other holidays will be ob-
1.   No one has forgotten a username and password from several                                     served in the data based on Memorial Day, Labor Day and Thanks-
     months or years ago. If you have not gone to www.dailylivestock                               giving.
     -report.com since January 7 and registered, your do not have a                                           The right-most columns contain seasonal factors for the
     username or password because no one had to have one under                                     most recent 7 years and the entire 15 years of data. They represent
     the old e-mail system. If you are trying to log in to the site, you                           the relationship of that day’s historical price to the average price for
     must first REGISTER (just click the Register title in the menu bar                            the period. The 7-year factor column tells us that the average price of
     near the top of the home page) and, in doing so, will set up a                                June Live Cattle futures over 2006-2012 on day 1 of the period was
     username and password to be used from this point forward.                                     97.71% (.9771) of the average price for the 100-day period centered
2.   We have received a few checks that we cannot match with Reg-                                  on President’s Day. The average price on Day 51 was 101.49% of
     istered users. If you send a check, be sure to put your e-mail                                the average for the period.
     address on the memo line or on an enclosed note. That is the                                             Ratios of these factors can be used to compute expected
     only way we have to verify that people sending checks a) have                                 prices based on the historical seasonal pattern. For instance. Friday,
     registered and b) are recorded as either a Member or Supporter.                               January 18 would be Day 30 in the table. The seasonal factors for
     The latter of those is critical if you want to receive the quarterly                          Day 30 are 1.0089 for the past 7 years and 1.0016 for the past 15
     seasonal price charts. Make checks payable to The Daily Live-                                 years. Friday’s closing price for June Live Cattle was $126.25. If one
     stock Report and send them to P.O. Box 2, Adel, IA 50003.                                     is interested in what the June Live Cattle price might be on April 26,
Seasonal Trader Resource Book                                                                      Day 100, one would use the factors for that day (0.9811 and 0.9971)
                                                                                                   and those for last Friday along with last Friday’s closing price to com-
           We feature today the added benefit being offered to Support-                            pute it as:
ers of The Daily Livestock Report. The Seasonal Trader book is a
set of four reports containing daily price histories of over 60 agricultur-                                   Expected 4/26 Price = 1/18 Price x 4/16 factor/1/18 factor
al futures and spreads. This resource will be posted quarterly to the                              The expected price based on the 7-year seasonal pattern is:
Daily Livestock Report website in .pdf (Adobe) format. Supporters                                             Expected 4/26 Price = $126.25 * 0.9811 / 1.0089
(those giving $149 or more) will be able to access it using their user-                                                              = $122.77
name and password. The first set will be available on February 1.                                  Based on the 15-year seasonal pattern, the expected prices is:
           Each book will contain information for 100 work days cen-                                          Expected 4/26 Price = $126.25 * 0.9971 / 1.0016
tered on four US holidays that are always on the same day of the
                                                                                                                                      = $125.68
week. They are Presidents Day, Memorial Day, Labor Day, and
Thanksgiving Day.                                                                                             The seasonal price pattern can also be observed in the chart
                                                                                                   on page 6. The seasonal factor lines indicate that prices on April 26
           The set will include daily prices going back either 15 years
                                                                                                   (the last observation in the chart) are significantly lower than those on
or, if the contract has existed for less than 15 years, as far back in
                                                                                                   the 15th trading day of January. The charts can thus be used find
time as available history allows. It will also include daily price factors
                                                                                                   periods during which futures prices have changed dramatically and
for both 7 and 15 year periods and an easy to read chart featuring
                                                                                                   have thus historically offered profits on seasonal trades.
both seasonal factors for each contract and spread.
                                                                                                              All of the charts in a given quarterly book will be placed on
           An example of the Seasonal Trader Resource Book — this
                                                                                                   the same scale so the degree of price change can be compared
one for June Live Cattle — appears on pages 2 through 6.
                                                                                                   across commodity and across contract or spread. The example here
           Note that this seasonal factor set is anchored on President’s                           has a range of 0.92 to 1.08. That may or may not be the scale for a
Day which falls this year on February 18. That date is on page 2 of                                given book but the scale will be the same throughout each respective
the table and is day 51 of the 100 days of data. Day 1 represents                                  quarterly book.

                  The Daily Livestock Report is made possible with support from readers like you. If you enjoy reading this report and would like to
                        sustain it going forward, consider becoming a contributor by going to our website: www.DailyLivestockReport.com
                                                                               Thank you for your support!
 The Daily Livestock Report is published by Steve Meyer & Len Steiner, Inc., Adel, IA and Merrimack, NH. To subscribe, support or unsubscribe visit www.dailylivestockreport.com. Copyright © 2013
 Steve Meyer and Len Steiner, Inc. All rights reserved.
 The Daily Livestock Report is not owned, controlled, endorsed or sold by CME Group Inc. or its affiliates and CME Group Inc. and its affiliates disclaim any and all responsibility for the informa on
 contained herein. CME Group®, CME® and the Globe logo are trademarks of Chicago Mercan le Exchange, Inc.
 Disclaimer: The Daily Livestock Report is intended solely for informa on purposes and is not to be construed, under any circumstances, by implica on or otherwise, as an offer to sell or a solicita-
   on to buy or trade any commodi es or securi es whatsoever. Informa on is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or
 possible where projec ons of future condi ons are a empted. Futures trading is not suitable for all investors, and involves the risk of loss. Past results are no indica on of future performance.
 Futures are a leveraged investment, and because only a percentage of a contract’s value is require to trade, it is possible to lose more than the amount of money ini ally deposited for a futures
 posi on. Therefore, traders should only use funds that they can afford to lose without affec ng their lifestyle. And only a por on of those funds should be devoted to any one trade because a
 trader cannot expect to profit on every trade.
2013 Seasonal Trader Report: President's Day Base

                                        JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE
           1998      1999       2000      2001       2002     2003      2004      2005      2006      2007      2008      2009      2010      2011      2012      2013                                                     SEASONAL       SEASONAL
           JUNE      JUNE       JUNE      JUNE       JUNE     JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE                                                     FACTOR 7 YR   FACTOR 15 YR
 Line                                                                                                                                                                                                                      (2006-2012)   (1998-2012)
 No.      (LCM)      (LCM)     (LCM)      (LCM)      (LCM)    (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)    Year   Month   Date   Day of Week    Holiday       BASE          BASE


  1       71.10      62.95      68.52     73.70      67.87    71.72     75.55     80.60     86.60     87.32     94.25     81.17     83.90    105.52    120.10              12     DEC     10        MON                      0.9771         0.9868
  2       70.05      62.37      68.62     74.20      74.62    72.05     74.62     80.00     86.90     86.82     94.10     80.47     83.60    104.87    121.50              12     DEC     11        TUE                      0.9758         0.9902
  3       69.80      61.85      68.80     74.35      74.55    71.85     74.55     80.92     87.05     87.12     93.80     81.72     83.22    104.67    120.67              12     DEC     12        WED                      0.9764         0.9904
  4       69.65      61.30      68.90     74.02      75.15    71.25     75.15     80.82     86.50     86.87     93.22     82.35     83.50    105.02    120.70              12     DEC     13        THUR                     0.9761         0.9898
  5       68.60      61.05      68.87     74.27      75.00    71.15     75.00     81.75     86.55     87.70     93.65     81.75     84.27    105.95    120.37              12     DEC     14         FRI                     0.9792         0.9905

  6       68.27      61.75      68.97     74.70      75.57    71.67     75.57     81.87     86.50     88.37     93.95     82.77     84.70    106.67    121.25              12     DEC     17        MON                      0.9849         0.9957
  7       68.47      60.60      69.05     74.22      74.70    71.52     74.70     82.65     86.67     87.72     94.45     85.55     85.32    107.12    122.22              12     DEC     18        TUE                      0.9924         0.9968
  8       69.02      61.67      68.90     74.30      75.20    71.30     75.20     82.32     86.40     88.42     94.45     85.80     85.47    108.27    122.55              12     DEC     19        WED                      0.9955         1.0002
  9       68.62      61.85      69.17     73.67      74.65    71.80     74.65     82.15     86.25     88.10     94.22     84.95     85.47    108.57    123.40              12     DEC     20        THUR                     0.9943         0.9985
 10       68.35      61.65    HOLIDAY     74.02      74.92    72.10     74.92    HOLIDAY    86.25     87.77     94.37     85.57     85.67    HOLIDAY   124.90              12     DEC     21         FRI                     0.9972         1.0004

 11       67.92      61.45      69.12    HOLIDAY     75.32    72.05     75.32     82.22    HOLIDAY   HOLIDAY    93.45     85.02     85.90    108.87    HOLIDAY             12     DEC     24        MON                      0.9956         0.9997
 12       68.07      62.15      69.20     73.77      75.47    72.05     75.47     82.05     86.30     88.22    HOLIDAY    85.47     85.45    108.95    125.10    HOLIDAY   12     DEC     25        TUE        Christmas     0.9967         1.0011
 13       68.15      62.72      69.22     74.27      73.97   HOLIDAY    73.97     80.82     86.25     89.72     93.87     86.47     86.30    109.32    125.87              12     DEC     26        WED                      1.0040         1.0020
 14      HOLIDAY     63.02      69.77     74.50    HOLIDAY    72.05    HOLIDAY    80.62     86.45     89.75     94.72    HOLIDAY    85.82    108.35    125.35              12     DEC     27        THUR                     1.0031         1.0025
 15       68.55     HOLIDAY   HOLIDAY     74.82      70.97    71.95     70.97     80.62     86.75     89.30     94.77     84.92    HOLIDAY   HOLIDAY   124.50              12     DEC     28         FRI                     0.9994         0.9958

 16       68.47      63.52      69.65    HOLIDAY     69.92    71.87     69.92    HOLIDAY   HOLIDAY   HOLIDAY    95.02     85.90     86.50    108.47    HOLIDAY             12     DEC     31        MON                      1.0027         0.9957
 17       68.17      63.02      69.47     74.95      68.97    72.52     68.97     81.60     87.00     89.30    HOLIDAY    85.97     86.45    108.12    124.75    HOLIDAY   13      JAN     1        TUE        New Years     1.0030         0.9947
 18       68.27      62.92      69.40     74.62      68.82   HOLIDAY    68.82     81.35     86.85     89.60     95.22     86.20     86.62    108.25    124.65              13      JAN     2        WED                      1.0043         0.9944
 19      HOLIDAY     63.00      69.90     74.35    HOLIDAY    72.87    HOLIDAY    80.62     87.15     88.85     94.07    HOLIDAY    87.72    108.60    124.45              13      JAN     3        THUR                     1.0038         0.9942
 20       67.02     HOLIDAY     70.42     74.05      69.20    72.95     69.20     81.55     86.80     88.92     94.05     88.00    HOLIDAY   108.40    123.95              13      JAN     4         FRI                     1.0055         0.9955

 21       66.90      62.55      70.57     73.75      70.70    72.37     70.70     82.30     87.05     89.20     94.62     87.92     87.25    109.27    123.85              13      JAN     7        MON                      1.0074         0.9985
 22       67.37      63.75      70.55     74.30      70.35    72.15     70.35     83.60     87.60     88.87     94.42     88.20     87.80    110.70    124.80              13      JAN     8        TUE                      1.0118         1.0029
 23       67.10      64.72      70.17     74.55      71.85    71.82     71.85     83.47     85.85     89.80     93.95     86.45     87.65    112.37    124.40              13      JAN     9        WED                      1.0078         1.0040
 24       67.05      63.97      70.25     74.55      72.00    71.92     72.00     83.35     86.40     89.77     94.32     85.37     88.02    112.52    124.05              13      JAN    10        THUR                     1.0078         1.0035
 25       67.07      64.40      70.40     74.35      72.15    71.77     72.15     83.37     86.65     89.80     94.10     85.70     88.02    112.30    124.17              13      JAN    11         FRI                     1.0084         1.0044

 26       67.27      64.67    HOLIDAY    HOLIDAY     70.95    71.55     70.95    HOLIDAY   HOLIDAY   HOLIDAY    94.50     85.45     87.70    HOLIDAY   HOLIDAY             13      JAN    14        MON                      1.0081         1.0023
 27       68.25      64.45      70.12     74.67      70.75    71.07     70.75     83.17     87.25     89.97     94.05     86.00     87.65    113.07    125.37              13      JAN    15        TUE                      1.0119         1.0039
 28       68.95      63.95      69.67     73.90      72.05    69.70     72.05     82.15     87.15     90.02     93.50     85.70     87.45    112.45    125.15              13      JAN    16        WED                      1.0091         1.0019
 29       68.60      64.47      69.57     73.52      71.50    70.37     71.50     82.25     87.05     89.85     93.45     85.70     87.92    112.67    125.65              13      JAN    17        THUR                     1.0102         1.0018
 30       69.02      65.00      69.52     73.07      71.45    70.42     71.45     82.15     86.40     89.07     93.27     86.20     87.92    112.62    126.05              13      JAN    18         FRI                     1.0089         1.0016

 31      HOLIDAY    HOLIDAY     69.45     73.30    HOLIDAY   HOLIDAY   HOLIDAY    81.37     86.95     89.07    HOLIDAY   HOLIDAY   HOLIDAY   111.75    126.12    HOLIDAY   13      JAN    21        MON          MLK         1.0088         1.0011
 32       68.90      65.02      69.65     72.60      71.92    70.45     71.92     82.07     86.45     88.95     92.82     84.05     88.27    110.95    127.30              13      JAN    22        TUE                      1.0043         0.9999
 33       69.12      65.02      69.50     72.85      71.75    70.97     71.75     82.00     86.55     89.10     92.55     84.10     88.42    112.52    127.05              13      JAN    23        WED                      1.0063         1.0012
 34       69.12      64.87      69.07     72.52      71.42    70.77     71.42     82.30     86.45     89.42     93.07     84.17     88.22    112.45    126.50              13      JAN    24        THUR                     1.0065         0.9999
 35       69.70      64.87      69.42     72.55      70.65    70.35     70.65     82.37     85.35     89.70     93.00     84.17     88.30    113.37    126.60              13      JAN    25         FRI                     1.0063         0.9990

 36       69.52      65.17      69.90     72.02      70.67    70.57     70.67     82.62     84.80     89.47     92.57     83.82     88.20    114.55    126.25              13      JAN    28        MON                      1.0046         0.9988
 37       68.62      64.67      70.32     71.32      70.80    70.65     70.80     82.87     84.67     89.27     93.37     82.30     87.45    114.52    127.15              13      JAN    29        TUE                      1.0026         0.9967
 38       68.60      64.05      69.80     71.57      70.25    71.97     70.25     82.45     84.55     89.85     93.52     82.30     87.20    114.20    127.50              13      JAN    30        WED                      1.0031         0.9959
 39       69.15      64.22      70.05     72.67      69.90    72.02     69.90     82.75     83.75     89.65     93.52     82.02     87.57    114.02    127.97              13      JAN    31        THUR                     1.0018         0.9969
 40       68.65      64.20      69.97     72.25      70.60    72.17     70.60     82.42     83.90     90.95     93.95     82.45     87.82    113.62    126.75              13      FEB     1         FRI                     1.0040         0.9981




        © 2012 Steiner Consulting Group (1-800-526-4612)
2013 Seasonal Trader Report: President's Day Base

                                        JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE
           1998      1999       2000      2001       2002     2003      2004      2005      2006      2007      2008      2009      2010      2011      2012      2013                                                       SEASONAL       SEASONAL
           JUNE      JUNE       JUNE      JUNE       JUNE     JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE      JUNE                                                       FACTOR 7 YR   FACTOR 15 YR
 Line                                                                                                                                                                                                                        (2006-2012)   (1998-2012)
 No.      (LCM)      (LCM)     (LCM)      (LCM)      (LCM)    (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)     (LCM)    Year   Month   Date   Day of Week     Holiday        BASE          BASE

 41       68.10      64.47      70.37     72.57      70.22    72.22     70.22     82.77     83.65     91.85     94.30     84.35     87.22    112.62    126.50              13      FEB     4        MON                        1.0062         0.9992
 42       67.82      64.47      69.85     72.80      69.92    71.77     69.92     82.97     83.82     92.27     94.52     83.75     87.77    111.95    127.00              13      FEB     5        TUE                        1.0071         0.9982
 43       67.62      65.40      69.62     72.45      68.42    71.47     68.42     82.72     84.02     92.32     93.87     83.67     88.05    112.27    127.25              13      FEB     6        WED                        1.0075         0.9955
 44       67.50      65.60      69.40     72.30      69.80    70.60     69.80     82.12     84.05     91.75     95.00     84.05     87.85    113.45    126.45              13      FEB     7        THUR                       1.0093         0.9972
 45       67.27      66.12      69.20     72.70      70.05    70.30     70.05     82.25     84.60     91.92     94.20     84.07     88.10    113.25    125.80              13      FEB     8         FRI                       1.0087         0.9977

 46       67.45      66.22      68.95     72.72      70.55    70.97     70.55     82.45     83.25     92.72     94.45     84.92     88.45    114.60    126.25              13      FEB    11        MON                        1.0122         1.0011
 47       67.72      65.62      68.65     72.65      69.52    71.27     69.52     82.52     83.32     93.50     94.35     85.40     88.90    114.40    127.10              13      FEB    12        TUE                        1.0156         1.0005
 48       67.85      65.65      68.72     72.57      70.15    69.77     70.15     82.75     83.12     93.22     93.77     85.17     89.12    115.10    127.10              13      FEB    13        WED                        1.0148         1.0002
 49       68.17      65.57      68.75     72.40      70.05    69.07     70.05     82.65     83.10     93.00     93.55     85.22     89.12    116.30    127.15              13      FEB    14        THUR                       1.0157         0.9998
 50       68.85      65.57      68.67     72.15      70.27    69.50     70.27     81.05     82.77     93.05     93.82     84.80     88.55    116.17    128.07              13      FEB    15         FRI                       1.0149         0.9993

 51      HOLIDAY    HOLIDAY   HOLIDAY    HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   HOLIDAY   13      FEB    18        MON         Pres. Day      1.0149         0.9993
 52       68.12      65.92      67.82     72.75      70.15    69.65     70.15     81.25     82.85     92.57     94.15     82.25     89.97    114.77    128.20              13      FEB    19        TUE                        1.0111         0.9970
 53       67.62      65.02      68.17     73.32      70.57    69.97     70.57     81.72     83.22     93.67     94.97     81.07     90.12    115.27    128.25              13      FEB    20        WED                        1.0137         0.9990
 54       66.97      65.07      68.50     73.52      70.10    70.45     70.10     81.95     82.50     93.95     94.62     82.52     90.90    115.02    127.70              13      FEB    21        THUR                       1.0151         0.9994
 55       66.82      65.30      68.62     73.20      70.02    70.85     70.02     81.90     82.00     94.15     94.40     81.55     90.87    115.85    127.70              13      FEB    22         FRI                       1.0135         0.9988

 56       66.05      64.80      68.75     73.55      70.37    71.32     70.37     82.35     81.90     95.85     95.02     81.85     90.95    114.65    126.65              13      FEB    25        MON                        1.0148         1.0000
 57       66.50      65.57      68.65     73.70      71.85    70.45     71.85     82.62     82.05     95.70     95.77     83.32     90.50    113.60    126.00              13      FEB    26        TUE                        1.0157         1.0038
 58       65.97      65.30      69.17     73.95      72.47    70.85     72.47     82.92     82.35     95.50     95.42     82.95     90.17    114.17    126.50              13      FEB    27        WED                        1.0155         1.0054
 59       66.67      66.12      69.25     73.72      72.87    69.62     72.87     84.35     81.70     94.37     95.37     83.75     90.30    115.15    127.12              13      FEB    28        THUR                       1.0161         1.0077
 60       66.57      65.60      69.67     73.42      72.92    70.40     72.92     84.40     81.42     95.50     95.32     83.90     90.40    115.05    127.25              13     MAR      1         FRI                       1.0177         1.0089

 61       67.15      65.52      69.67     73.95      74.00    69.75     74.00     84.87     81.15     95.42     94.37     82.20     90.60    114.75    125.70              13     MAR      4        MON                        1.0109         1.0084
 62       67.10      65.45      69.50     74.42      73.57    70.15     73.57     85.20     80.35     95.72     92.90     82.45     91.25    115.90    123.85              13     MAR      5        TUE                        1.0084         1.0072
 63       66.72      65.50      69.22     74.57      73.75    69.60     73.75     87.50     78.55     96.82     92.32     83.05     91.47    117.45    123.15              13     MAR      6        WED                        1.0086         1.0085
 64       66.95      65.17      69.32     73.82      73.85    69.67     73.85     86.72     78.85     98.75     92.10     82.35     91.67    116.95    123.92              13     MAR      7        THUR                       1.0112         1.0086
 65       67.15      65.17      69.37     73.67      74.32    69.92     74.32     85.85     78.30     98.60     92.00     81.07     91.57    116.95    123.55              13     MAR      8         FRI                       1.0071         1.0072

 66       67.10      65.17      69.32     73.67      74.57    69.62     74.57     85.57     78.55     98.42     91.50     81.57     92.27    116.65    122.75              13     MAR     11        MON                        1.0071         1.0071
 67       67.22      66.02      69.25     73.77      74.92    68.47     74.92     85.87     78.50     97.40     91.70     81.25     92.32    113.65    124.30              13     MAR     12        TUE                        1.0033         1.0061
 68       67.32      65.85      69.47     72.92      76.37    68.95     76.37     86.20     77.80     96.42     92.02     80.95     91.72    110.65    123.85              13     MAR     13        WED                        0.9953         1.0051
 69       67.47      65.07      68.87     72.52      76.45    69.65     76.45     85.32     78.35     95.75     90.97     81.82     91.95    111.77    122.77              13     MAR     14        THUR                       0.9956         1.0037
 70       67.47      64.72      68.72     72.72      75.87    69.37     75.87     84.10     77.75     94.27     90.95     82.10     92.80    111.80    121.70              13     MAR     15         FRI                       0.9928         0.9998

 71       67.02      64.02      68.72     72.47      75.97    68.12     75.97     84.57     77.92     94.85     89.97     82.07     93.60    113.67    121.97              13     MAR     18        MON                        0.9964         0.9995
 72       66.67      64.45      68.82     72.85      77.35    68.50     77.35     84.65     77.87     94.95     91.50     81.92     93.62    113.85    121.40              13     MAR     19        TUE                        0.9982         1.0038
 73       67.37      64.30      69.30     72.30      77.00    68.85     77.00     84.25     77.45     94.92     89.95     81.40     93.97    113.35    121.90              13     MAR     20        WED                        0.9946         1.0020
 74       66.82      64.32      69.40     72.55      76.12    68.77     76.12     84.87     77.30     95.35     90.97     83.12     95.17    114.77    121.80              13     MAR     21        THUR                       1.0031         1.0046
 75       66.67      63.87      69.40     72.17      75.05    68.97     75.05    HOLIDAY    76.50     94.70    HOLIDAY    82.85     95.12    117.75    120.25              13     MAR     22         FRI                       1.0021         1.0014

 76       66.95      64.07      69.72     72.40      75.12    69.55     75.12     85.77     75.80     95.12     90.85     83.40     94.07    116.97    120.77              13     MAR     25        MON                        1.0002         1.0029
 77       66.85      64.47      69.95     72.85      73.57    70.05     73.57     85.82     75.35     93.35     90.85     83.37     92.37    117.90    121.70              13     MAR     26        TUE                        0.9962         0.9997
 78       65.75      63.85      68.77     72.72      72.92    70.05     72.92     85.17     74.55     93.42     90.05     82.47     92.87    119.57    120.10              13     MAR     27        WED                        0.9932         0.9936
 79       65.30      63.22      68.80     73.07      73.10    69.82     73.10     85.25     74.70     93.95     88.60     81.85     92.12    120.97    117.80              13     MAR     28        THUR                       0.9889         0.9910
 80       65.97      64.12      68.97     72.67      73.62    70.02     73.62     85.42     74.30     94.87     87.87    HOLIDAY   HOLIDAY   121.25    116.10    HOLIDAY   13     MAR     29         FRI       Good Friday     0.9868         0.9927




        © 2012 Steiner Consulting Group (1-800-526-4612)
2013 Seasonal Trader Report: President's Day Base

                                        JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE
           1998      1999       2000      2001       2002     2003      2004     2005     2006      2007     2008    2009    2010     2011      2012     2013                                                    SEASONAL       SEASONAL
           JUNE      JUNE       JUNE      JUNE       JUNE     JUNE      JUNE     JUNE     JUNE      JUNE     JUNE    JUNE    JUNE     JUNE      JUNE     JUNE                                                    FACTOR 7 YR   FACTOR 15 YR
 Line                                                                                                                                                                                                            (2006-2012)   (1998-2012)
 No.      (LCM)      (LCM)     (LCM)      (LCM)      (LCM)    (LCM)     (LCM)    (LCM)    (LCM)     (LCM)    (LCM)   (LCM)   (LCM)    (LCM)     (LCM)    (LCM)   Year   Month   Date    Day of Week    Holiday      BASE          BASE

 81       65.55      64.02      69.15     73.07      74.30    70.37     74.30    84.12    74.15     96.40    87.75   80.07   92.90   120.90    115.60            13     APR      1         MON                     0.9859         0.9928
 82       65.77      63.97      68.67     73.42      76.15    70.50     76.15    84.47    72.75     95.00    88.12   81.70   93.17   120.00    115.45            13     APR      2         TUE                     0.9838         0.9956
 83       66.87      63.60      69.10     73.50      76.22    71.45     76.22    83.52    72.87     95.55    87.55   81.37   93.55   118.25    114.50            13     APR      3         WED                     0.9807         0.9956
 84       67.72      64.45      68.75     73.70      75.65    71.30     75.65    83.42    73.90     96.32    89.07   83.00   93.52   117.65    115.20            13     APR      4         THUR                    0.9888         0.9997
 85       67.82     HOLIDAY     69.10     73.37      75.72    71.22     75.72    83.72    74.45    HOLIDAY   89.20   84.17   93.52   116.95    HOLIDAY           13     APR      5          FRI                    0.9911         1.0012

 86       67.60      65.22      69.12     73.45      76.20    71.95     76.20    83.67    74.70     96.70    89.50   84.37   94.20   116.90    115.60            13     APR      8         MON                     0.9944         1.0049
 87       67.72      65.30      69.27     72.57      76.80    71.77     76.80    84.67    74.42     95.80    89.57   83.75   93.57   115.60    114.25            13     APR      9         TUE                     0.9874         1.0029
 88       68.02      64.92      69.15     72.10      76.07    71.92     76.07    84.27    75.00     94.62    87.75   83.77   94.75   115.77    113.95            13     APR     10         WED                     0.9855         0.9999
 89       68.45      63.77      69.45     72.10      76.67    71.67     76.67    84.85    75.00     92.47    89.80   84.60   94.32   116.50    116.60            13     APR     11         THUR                    0.9901         1.0029
 90      HOLIDAY     65.20      69.35    HOLIDAY   HOLIDAY    71.90    HOLIDAY   84.42   HOLIDAY    92.70    89.77   84.60   94.75   115.30    115.70            13     APR     12          FRI                    0.9885         1.0034

 91       68.22      65.00      68.97     72.45      78.95    71.72     78.95    84.55    74.92     92.90    90.10   84.60   94.05   115.80    115.35            13     APR     15         MON                     0.9883         1.0069
 92       68.22      64.32      69.27     72.47      78.67    71.87     78.67    85.40    75.20     93.27    91.57   83.80   93.47   117.17    116.27            13     APR     16         TUE                     0.9922         1.0086
 93       67.82      63.60      69.52     72.25      78.52    70.47     78.52    85.52    75.10     92.82    91.65   84.77   92.95   116.50    114.80            13     APR     17         WED                     0.9897         1.0049
 94       68.12      63.17      69.07     71.47      76.95    70.60     76.95    85.45    75.15     92.72    92.65   85.12   94.30   115.22    115.15            13     APR     18         THUR                    0.9927         1.0022
 95       68.00      63.35    HOLIDAY     71.75      76.07   HOLIDAY    76.07    85.72    74.10     92.27    92.32   84.52   94.65   HOLIDAY   115.20            13     APR     19          FRI                    0.9892         0.9995

 96       67.67      62.90      69.27     72.05      76.22    71.05     76.22    87.12    72.92     93.15    91.95   82.62   94.50   112.80    113.60            13     APR     22         MON                     0.9796         0.9965
 97       68.27      63.70      69.65     71.55      77.92    71.32     77.92    87.12    72.95     93.30    92.10   83.27   94.60   112.30    111.57            13     APR     23         TUE                     0.9783         1.0006
 98       68.80      63.50      69.72     71.27      76.92    71.67     76.92    85.62    73.45     93.32    92.87   83.15   95.45   113.55    112.00            13     APR     24         WED                     0.9837         1.0005
 99       67.70      62.67      69.40     71.70      75.67    71.12     75.67    85.60    72.95     92.70    92.67   83.47   95.60   113.17    112.00            13     APR     25         THUR                    0.9818         0.9950
 100      68.17      62.72      69.27     71.95      76.47    71.47     76.47    85.62    73.12     93.27    93.37   82.60   94.82   113.35    111.55            13     APR     26          FRI                    0.9811         0.9971



 101      67.81      64.17      69.32     73.19      73.22    70.87     73.29    83.36    81.44     92.23    92.78   83.77   89.87   113.28    122.54                                  AVERAGE PRICE               1.0000         1.0000




        © 2012 Steiner Consulting Group (1-800-526-4612)
2013 Seasonal Trader Report: President's Day Base

      JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE

                        1.0800

                                                                                                          7 Year Seasonal Factor

                        1.0600                                                                            15 Year Seasonal Factor



                        1.0400




                        1.0200
      SEASONAL FACTOR




                        1.0000




                        0.9800




                        0.9600




                        0.9400




                        0.9200
                                         Dec              Jan                 Feb                   Mar        Apr
                            12/10/2012                                                                                   4/26/2013




© 2012 Steiner Consulting Group (1-800-526-4612)

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Daily livestock report jan 22 2013

  • 1. Sponsored by Vol. 11, No. 15/ January 22, 2013 Support Keeps Coming December 10, 2012 or the equivalent date relative to President’s Day in past years. Day 100 represents Friday, April 26. Thank you once again to all who have supported The Daily Livestock Report either on line or via check. We appreciate it very The reason that we use holidays that fall on set days of the much! If you have not taken action to keep The Daily Livestock Re- week is, we think, obvious by observing what happens to the other port coming, please do so now. While the response has been good, a holidays included in this June Live Cattle President’s Day set. Christ- relatively high percentage of subscribers have not contributed to the mas and New Year’s Day move steadily around, influenced by the effort. We would appreciate your doing so soon. This letter can re- year’s 365th day and leap year. Martin Luther King Day switches main very affordable to everyone only if everyone does his/her part. weeks — relative to President’s Day — in some years. And Easter, since it is based on the spring equinox and moon phases, is all over A few issues that keep cropping up are: the calendar. The same relationship of other holidays will be ob- 1. No one has forgotten a username and password from several served in the data based on Memorial Day, Labor Day and Thanks- months or years ago. If you have not gone to www.dailylivestock giving. -report.com since January 7 and registered, your do not have a The right-most columns contain seasonal factors for the username or password because no one had to have one under most recent 7 years and the entire 15 years of data. They represent the old e-mail system. If you are trying to log in to the site, you the relationship of that day’s historical price to the average price for must first REGISTER (just click the Register title in the menu bar the period. The 7-year factor column tells us that the average price of near the top of the home page) and, in doing so, will set up a June Live Cattle futures over 2006-2012 on day 1 of the period was username and password to be used from this point forward. 97.71% (.9771) of the average price for the 100-day period centered 2. We have received a few checks that we cannot match with Reg- on President’s Day. The average price on Day 51 was 101.49% of istered users. If you send a check, be sure to put your e-mail the average for the period. address on the memo line or on an enclosed note. That is the Ratios of these factors can be used to compute expected only way we have to verify that people sending checks a) have prices based on the historical seasonal pattern. For instance. Friday, registered and b) are recorded as either a Member or Supporter. January 18 would be Day 30 in the table. The seasonal factors for The latter of those is critical if you want to receive the quarterly Day 30 are 1.0089 for the past 7 years and 1.0016 for the past 15 seasonal price charts. Make checks payable to The Daily Live- years. Friday’s closing price for June Live Cattle was $126.25. If one stock Report and send them to P.O. Box 2, Adel, IA 50003. is interested in what the June Live Cattle price might be on April 26, Seasonal Trader Resource Book Day 100, one would use the factors for that day (0.9811 and 0.9971) and those for last Friday along with last Friday’s closing price to com- We feature today the added benefit being offered to Support- pute it as: ers of The Daily Livestock Report. The Seasonal Trader book is a set of four reports containing daily price histories of over 60 agricultur- Expected 4/26 Price = 1/18 Price x 4/16 factor/1/18 factor al futures and spreads. This resource will be posted quarterly to the The expected price based on the 7-year seasonal pattern is: Daily Livestock Report website in .pdf (Adobe) format. Supporters Expected 4/26 Price = $126.25 * 0.9811 / 1.0089 (those giving $149 or more) will be able to access it using their user- = $122.77 name and password. The first set will be available on February 1. Based on the 15-year seasonal pattern, the expected prices is: Each book will contain information for 100 work days cen- Expected 4/26 Price = $126.25 * 0.9971 / 1.0016 tered on four US holidays that are always on the same day of the = $125.68 week. They are Presidents Day, Memorial Day, Labor Day, and Thanksgiving Day. The seasonal price pattern can also be observed in the chart on page 6. The seasonal factor lines indicate that prices on April 26 The set will include daily prices going back either 15 years (the last observation in the chart) are significantly lower than those on or, if the contract has existed for less than 15 years, as far back in the 15th trading day of January. The charts can thus be used find time as available history allows. It will also include daily price factors periods during which futures prices have changed dramatically and for both 7 and 15 year periods and an easy to read chart featuring have thus historically offered profits on seasonal trades. both seasonal factors for each contract and spread. All of the charts in a given quarterly book will be placed on An example of the Seasonal Trader Resource Book — this the same scale so the degree of price change can be compared one for June Live Cattle — appears on pages 2 through 6. across commodity and across contract or spread. The example here Note that this seasonal factor set is anchored on President’s has a range of 0.92 to 1.08. That may or may not be the scale for a Day which falls this year on February 18. That date is on page 2 of given book but the scale will be the same throughout each respective the table and is day 51 of the 100 days of data. Day 1 represents quarterly book. The Daily Livestock Report is made possible with support from readers like you. If you enjoy reading this report and would like to sustain it going forward, consider becoming a contributor by going to our website: www.DailyLivestockReport.com Thank you for your support! The Daily Livestock Report is published by Steve Meyer & Len Steiner, Inc., Adel, IA and Merrimack, NH. To subscribe, support or unsubscribe visit www.dailylivestockreport.com. Copyright © 2013 Steve Meyer and Len Steiner, Inc. All rights reserved. The Daily Livestock Report is not owned, controlled, endorsed or sold by CME Group Inc. or its affiliates and CME Group Inc. and its affiliates disclaim any and all responsibility for the informa on contained herein. CME Group®, CME® and the Globe logo are trademarks of Chicago Mercan le Exchange, Inc. Disclaimer: The Daily Livestock Report is intended solely for informa on purposes and is not to be construed, under any circumstances, by implica on or otherwise, as an offer to sell or a solicita- on to buy or trade any commodi es or securi es whatsoever. Informa on is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projec ons of future condi ons are a empted. Futures trading is not suitable for all investors, and involves the risk of loss. Past results are no indica on of future performance. Futures are a leveraged investment, and because only a percentage of a contract’s value is require to trade, it is possible to lose more than the amount of money ini ally deposited for a futures posi on. Therefore, traders should only use funds that they can afford to lose without affec ng their lifestyle. And only a por on of those funds should be devoted to any one trade because a trader cannot expect to profit on every trade.
  • 2. 2013 Seasonal Trader Report: President's Day Base JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 SEASONAL SEASONAL JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE FACTOR 7 YR FACTOR 15 YR Line (2006-2012) (1998-2012) No. (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) Year Month Date Day of Week Holiday BASE BASE 1 71.10 62.95 68.52 73.70 67.87 71.72 75.55 80.60 86.60 87.32 94.25 81.17 83.90 105.52 120.10 12 DEC 10 MON 0.9771 0.9868 2 70.05 62.37 68.62 74.20 74.62 72.05 74.62 80.00 86.90 86.82 94.10 80.47 83.60 104.87 121.50 12 DEC 11 TUE 0.9758 0.9902 3 69.80 61.85 68.80 74.35 74.55 71.85 74.55 80.92 87.05 87.12 93.80 81.72 83.22 104.67 120.67 12 DEC 12 WED 0.9764 0.9904 4 69.65 61.30 68.90 74.02 75.15 71.25 75.15 80.82 86.50 86.87 93.22 82.35 83.50 105.02 120.70 12 DEC 13 THUR 0.9761 0.9898 5 68.60 61.05 68.87 74.27 75.00 71.15 75.00 81.75 86.55 87.70 93.65 81.75 84.27 105.95 120.37 12 DEC 14 FRI 0.9792 0.9905 6 68.27 61.75 68.97 74.70 75.57 71.67 75.57 81.87 86.50 88.37 93.95 82.77 84.70 106.67 121.25 12 DEC 17 MON 0.9849 0.9957 7 68.47 60.60 69.05 74.22 74.70 71.52 74.70 82.65 86.67 87.72 94.45 85.55 85.32 107.12 122.22 12 DEC 18 TUE 0.9924 0.9968 8 69.02 61.67 68.90 74.30 75.20 71.30 75.20 82.32 86.40 88.42 94.45 85.80 85.47 108.27 122.55 12 DEC 19 WED 0.9955 1.0002 9 68.62 61.85 69.17 73.67 74.65 71.80 74.65 82.15 86.25 88.10 94.22 84.95 85.47 108.57 123.40 12 DEC 20 THUR 0.9943 0.9985 10 68.35 61.65 HOLIDAY 74.02 74.92 72.10 74.92 HOLIDAY 86.25 87.77 94.37 85.57 85.67 HOLIDAY 124.90 12 DEC 21 FRI 0.9972 1.0004 11 67.92 61.45 69.12 HOLIDAY 75.32 72.05 75.32 82.22 HOLIDAY HOLIDAY 93.45 85.02 85.90 108.87 HOLIDAY 12 DEC 24 MON 0.9956 0.9997 12 68.07 62.15 69.20 73.77 75.47 72.05 75.47 82.05 86.30 88.22 HOLIDAY 85.47 85.45 108.95 125.10 HOLIDAY 12 DEC 25 TUE Christmas 0.9967 1.0011 13 68.15 62.72 69.22 74.27 73.97 HOLIDAY 73.97 80.82 86.25 89.72 93.87 86.47 86.30 109.32 125.87 12 DEC 26 WED 1.0040 1.0020 14 HOLIDAY 63.02 69.77 74.50 HOLIDAY 72.05 HOLIDAY 80.62 86.45 89.75 94.72 HOLIDAY 85.82 108.35 125.35 12 DEC 27 THUR 1.0031 1.0025 15 68.55 HOLIDAY HOLIDAY 74.82 70.97 71.95 70.97 80.62 86.75 89.30 94.77 84.92 HOLIDAY HOLIDAY 124.50 12 DEC 28 FRI 0.9994 0.9958 16 68.47 63.52 69.65 HOLIDAY 69.92 71.87 69.92 HOLIDAY HOLIDAY HOLIDAY 95.02 85.90 86.50 108.47 HOLIDAY 12 DEC 31 MON 1.0027 0.9957 17 68.17 63.02 69.47 74.95 68.97 72.52 68.97 81.60 87.00 89.30 HOLIDAY 85.97 86.45 108.12 124.75 HOLIDAY 13 JAN 1 TUE New Years 1.0030 0.9947 18 68.27 62.92 69.40 74.62 68.82 HOLIDAY 68.82 81.35 86.85 89.60 95.22 86.20 86.62 108.25 124.65 13 JAN 2 WED 1.0043 0.9944 19 HOLIDAY 63.00 69.90 74.35 HOLIDAY 72.87 HOLIDAY 80.62 87.15 88.85 94.07 HOLIDAY 87.72 108.60 124.45 13 JAN 3 THUR 1.0038 0.9942 20 67.02 HOLIDAY 70.42 74.05 69.20 72.95 69.20 81.55 86.80 88.92 94.05 88.00 HOLIDAY 108.40 123.95 13 JAN 4 FRI 1.0055 0.9955 21 66.90 62.55 70.57 73.75 70.70 72.37 70.70 82.30 87.05 89.20 94.62 87.92 87.25 109.27 123.85 13 JAN 7 MON 1.0074 0.9985 22 67.37 63.75 70.55 74.30 70.35 72.15 70.35 83.60 87.60 88.87 94.42 88.20 87.80 110.70 124.80 13 JAN 8 TUE 1.0118 1.0029 23 67.10 64.72 70.17 74.55 71.85 71.82 71.85 83.47 85.85 89.80 93.95 86.45 87.65 112.37 124.40 13 JAN 9 WED 1.0078 1.0040 24 67.05 63.97 70.25 74.55 72.00 71.92 72.00 83.35 86.40 89.77 94.32 85.37 88.02 112.52 124.05 13 JAN 10 THUR 1.0078 1.0035 25 67.07 64.40 70.40 74.35 72.15 71.77 72.15 83.37 86.65 89.80 94.10 85.70 88.02 112.30 124.17 13 JAN 11 FRI 1.0084 1.0044 26 67.27 64.67 HOLIDAY HOLIDAY 70.95 71.55 70.95 HOLIDAY HOLIDAY HOLIDAY 94.50 85.45 87.70 HOLIDAY HOLIDAY 13 JAN 14 MON 1.0081 1.0023 27 68.25 64.45 70.12 74.67 70.75 71.07 70.75 83.17 87.25 89.97 94.05 86.00 87.65 113.07 125.37 13 JAN 15 TUE 1.0119 1.0039 28 68.95 63.95 69.67 73.90 72.05 69.70 72.05 82.15 87.15 90.02 93.50 85.70 87.45 112.45 125.15 13 JAN 16 WED 1.0091 1.0019 29 68.60 64.47 69.57 73.52 71.50 70.37 71.50 82.25 87.05 89.85 93.45 85.70 87.92 112.67 125.65 13 JAN 17 THUR 1.0102 1.0018 30 69.02 65.00 69.52 73.07 71.45 70.42 71.45 82.15 86.40 89.07 93.27 86.20 87.92 112.62 126.05 13 JAN 18 FRI 1.0089 1.0016 31 HOLIDAY HOLIDAY 69.45 73.30 HOLIDAY HOLIDAY HOLIDAY 81.37 86.95 89.07 HOLIDAY HOLIDAY HOLIDAY 111.75 126.12 HOLIDAY 13 JAN 21 MON MLK 1.0088 1.0011 32 68.90 65.02 69.65 72.60 71.92 70.45 71.92 82.07 86.45 88.95 92.82 84.05 88.27 110.95 127.30 13 JAN 22 TUE 1.0043 0.9999 33 69.12 65.02 69.50 72.85 71.75 70.97 71.75 82.00 86.55 89.10 92.55 84.10 88.42 112.52 127.05 13 JAN 23 WED 1.0063 1.0012 34 69.12 64.87 69.07 72.52 71.42 70.77 71.42 82.30 86.45 89.42 93.07 84.17 88.22 112.45 126.50 13 JAN 24 THUR 1.0065 0.9999 35 69.70 64.87 69.42 72.55 70.65 70.35 70.65 82.37 85.35 89.70 93.00 84.17 88.30 113.37 126.60 13 JAN 25 FRI 1.0063 0.9990 36 69.52 65.17 69.90 72.02 70.67 70.57 70.67 82.62 84.80 89.47 92.57 83.82 88.20 114.55 126.25 13 JAN 28 MON 1.0046 0.9988 37 68.62 64.67 70.32 71.32 70.80 70.65 70.80 82.87 84.67 89.27 93.37 82.30 87.45 114.52 127.15 13 JAN 29 TUE 1.0026 0.9967 38 68.60 64.05 69.80 71.57 70.25 71.97 70.25 82.45 84.55 89.85 93.52 82.30 87.20 114.20 127.50 13 JAN 30 WED 1.0031 0.9959 39 69.15 64.22 70.05 72.67 69.90 72.02 69.90 82.75 83.75 89.65 93.52 82.02 87.57 114.02 127.97 13 JAN 31 THUR 1.0018 0.9969 40 68.65 64.20 69.97 72.25 70.60 72.17 70.60 82.42 83.90 90.95 93.95 82.45 87.82 113.62 126.75 13 FEB 1 FRI 1.0040 0.9981 © 2012 Steiner Consulting Group (1-800-526-4612)
  • 3. 2013 Seasonal Trader Report: President's Day Base JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 SEASONAL SEASONAL JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE FACTOR 7 YR FACTOR 15 YR Line (2006-2012) (1998-2012) No. (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) Year Month Date Day of Week Holiday BASE BASE 41 68.10 64.47 70.37 72.57 70.22 72.22 70.22 82.77 83.65 91.85 94.30 84.35 87.22 112.62 126.50 13 FEB 4 MON 1.0062 0.9992 42 67.82 64.47 69.85 72.80 69.92 71.77 69.92 82.97 83.82 92.27 94.52 83.75 87.77 111.95 127.00 13 FEB 5 TUE 1.0071 0.9982 43 67.62 65.40 69.62 72.45 68.42 71.47 68.42 82.72 84.02 92.32 93.87 83.67 88.05 112.27 127.25 13 FEB 6 WED 1.0075 0.9955 44 67.50 65.60 69.40 72.30 69.80 70.60 69.80 82.12 84.05 91.75 95.00 84.05 87.85 113.45 126.45 13 FEB 7 THUR 1.0093 0.9972 45 67.27 66.12 69.20 72.70 70.05 70.30 70.05 82.25 84.60 91.92 94.20 84.07 88.10 113.25 125.80 13 FEB 8 FRI 1.0087 0.9977 46 67.45 66.22 68.95 72.72 70.55 70.97 70.55 82.45 83.25 92.72 94.45 84.92 88.45 114.60 126.25 13 FEB 11 MON 1.0122 1.0011 47 67.72 65.62 68.65 72.65 69.52 71.27 69.52 82.52 83.32 93.50 94.35 85.40 88.90 114.40 127.10 13 FEB 12 TUE 1.0156 1.0005 48 67.85 65.65 68.72 72.57 70.15 69.77 70.15 82.75 83.12 93.22 93.77 85.17 89.12 115.10 127.10 13 FEB 13 WED 1.0148 1.0002 49 68.17 65.57 68.75 72.40 70.05 69.07 70.05 82.65 83.10 93.00 93.55 85.22 89.12 116.30 127.15 13 FEB 14 THUR 1.0157 0.9998 50 68.85 65.57 68.67 72.15 70.27 69.50 70.27 81.05 82.77 93.05 93.82 84.80 88.55 116.17 128.07 13 FEB 15 FRI 1.0149 0.9993 51 HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLIDAY 13 FEB 18 MON Pres. Day 1.0149 0.9993 52 68.12 65.92 67.82 72.75 70.15 69.65 70.15 81.25 82.85 92.57 94.15 82.25 89.97 114.77 128.20 13 FEB 19 TUE 1.0111 0.9970 53 67.62 65.02 68.17 73.32 70.57 69.97 70.57 81.72 83.22 93.67 94.97 81.07 90.12 115.27 128.25 13 FEB 20 WED 1.0137 0.9990 54 66.97 65.07 68.50 73.52 70.10 70.45 70.10 81.95 82.50 93.95 94.62 82.52 90.90 115.02 127.70 13 FEB 21 THUR 1.0151 0.9994 55 66.82 65.30 68.62 73.20 70.02 70.85 70.02 81.90 82.00 94.15 94.40 81.55 90.87 115.85 127.70 13 FEB 22 FRI 1.0135 0.9988 56 66.05 64.80 68.75 73.55 70.37 71.32 70.37 82.35 81.90 95.85 95.02 81.85 90.95 114.65 126.65 13 FEB 25 MON 1.0148 1.0000 57 66.50 65.57 68.65 73.70 71.85 70.45 71.85 82.62 82.05 95.70 95.77 83.32 90.50 113.60 126.00 13 FEB 26 TUE 1.0157 1.0038 58 65.97 65.30 69.17 73.95 72.47 70.85 72.47 82.92 82.35 95.50 95.42 82.95 90.17 114.17 126.50 13 FEB 27 WED 1.0155 1.0054 59 66.67 66.12 69.25 73.72 72.87 69.62 72.87 84.35 81.70 94.37 95.37 83.75 90.30 115.15 127.12 13 FEB 28 THUR 1.0161 1.0077 60 66.57 65.60 69.67 73.42 72.92 70.40 72.92 84.40 81.42 95.50 95.32 83.90 90.40 115.05 127.25 13 MAR 1 FRI 1.0177 1.0089 61 67.15 65.52 69.67 73.95 74.00 69.75 74.00 84.87 81.15 95.42 94.37 82.20 90.60 114.75 125.70 13 MAR 4 MON 1.0109 1.0084 62 67.10 65.45 69.50 74.42 73.57 70.15 73.57 85.20 80.35 95.72 92.90 82.45 91.25 115.90 123.85 13 MAR 5 TUE 1.0084 1.0072 63 66.72 65.50 69.22 74.57 73.75 69.60 73.75 87.50 78.55 96.82 92.32 83.05 91.47 117.45 123.15 13 MAR 6 WED 1.0086 1.0085 64 66.95 65.17 69.32 73.82 73.85 69.67 73.85 86.72 78.85 98.75 92.10 82.35 91.67 116.95 123.92 13 MAR 7 THUR 1.0112 1.0086 65 67.15 65.17 69.37 73.67 74.32 69.92 74.32 85.85 78.30 98.60 92.00 81.07 91.57 116.95 123.55 13 MAR 8 FRI 1.0071 1.0072 66 67.10 65.17 69.32 73.67 74.57 69.62 74.57 85.57 78.55 98.42 91.50 81.57 92.27 116.65 122.75 13 MAR 11 MON 1.0071 1.0071 67 67.22 66.02 69.25 73.77 74.92 68.47 74.92 85.87 78.50 97.40 91.70 81.25 92.32 113.65 124.30 13 MAR 12 TUE 1.0033 1.0061 68 67.32 65.85 69.47 72.92 76.37 68.95 76.37 86.20 77.80 96.42 92.02 80.95 91.72 110.65 123.85 13 MAR 13 WED 0.9953 1.0051 69 67.47 65.07 68.87 72.52 76.45 69.65 76.45 85.32 78.35 95.75 90.97 81.82 91.95 111.77 122.77 13 MAR 14 THUR 0.9956 1.0037 70 67.47 64.72 68.72 72.72 75.87 69.37 75.87 84.10 77.75 94.27 90.95 82.10 92.80 111.80 121.70 13 MAR 15 FRI 0.9928 0.9998 71 67.02 64.02 68.72 72.47 75.97 68.12 75.97 84.57 77.92 94.85 89.97 82.07 93.60 113.67 121.97 13 MAR 18 MON 0.9964 0.9995 72 66.67 64.45 68.82 72.85 77.35 68.50 77.35 84.65 77.87 94.95 91.50 81.92 93.62 113.85 121.40 13 MAR 19 TUE 0.9982 1.0038 73 67.37 64.30 69.30 72.30 77.00 68.85 77.00 84.25 77.45 94.92 89.95 81.40 93.97 113.35 121.90 13 MAR 20 WED 0.9946 1.0020 74 66.82 64.32 69.40 72.55 76.12 68.77 76.12 84.87 77.30 95.35 90.97 83.12 95.17 114.77 121.80 13 MAR 21 THUR 1.0031 1.0046 75 66.67 63.87 69.40 72.17 75.05 68.97 75.05 HOLIDAY 76.50 94.70 HOLIDAY 82.85 95.12 117.75 120.25 13 MAR 22 FRI 1.0021 1.0014 76 66.95 64.07 69.72 72.40 75.12 69.55 75.12 85.77 75.80 95.12 90.85 83.40 94.07 116.97 120.77 13 MAR 25 MON 1.0002 1.0029 77 66.85 64.47 69.95 72.85 73.57 70.05 73.57 85.82 75.35 93.35 90.85 83.37 92.37 117.90 121.70 13 MAR 26 TUE 0.9962 0.9997 78 65.75 63.85 68.77 72.72 72.92 70.05 72.92 85.17 74.55 93.42 90.05 82.47 92.87 119.57 120.10 13 MAR 27 WED 0.9932 0.9936 79 65.30 63.22 68.80 73.07 73.10 69.82 73.10 85.25 74.70 93.95 88.60 81.85 92.12 120.97 117.80 13 MAR 28 THUR 0.9889 0.9910 80 65.97 64.12 68.97 72.67 73.62 70.02 73.62 85.42 74.30 94.87 87.87 HOLIDAY HOLIDAY 121.25 116.10 HOLIDAY 13 MAR 29 FRI Good Friday 0.9868 0.9927 © 2012 Steiner Consulting Group (1-800-526-4612)
  • 4. 2013 Seasonal Trader Report: President's Day Base JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 SEASONAL SEASONAL JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE JUNE FACTOR 7 YR FACTOR 15 YR Line (2006-2012) (1998-2012) No. (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) (LCM) Year Month Date Day of Week Holiday BASE BASE 81 65.55 64.02 69.15 73.07 74.30 70.37 74.30 84.12 74.15 96.40 87.75 80.07 92.90 120.90 115.60 13 APR 1 MON 0.9859 0.9928 82 65.77 63.97 68.67 73.42 76.15 70.50 76.15 84.47 72.75 95.00 88.12 81.70 93.17 120.00 115.45 13 APR 2 TUE 0.9838 0.9956 83 66.87 63.60 69.10 73.50 76.22 71.45 76.22 83.52 72.87 95.55 87.55 81.37 93.55 118.25 114.50 13 APR 3 WED 0.9807 0.9956 84 67.72 64.45 68.75 73.70 75.65 71.30 75.65 83.42 73.90 96.32 89.07 83.00 93.52 117.65 115.20 13 APR 4 THUR 0.9888 0.9997 85 67.82 HOLIDAY 69.10 73.37 75.72 71.22 75.72 83.72 74.45 HOLIDAY 89.20 84.17 93.52 116.95 HOLIDAY 13 APR 5 FRI 0.9911 1.0012 86 67.60 65.22 69.12 73.45 76.20 71.95 76.20 83.67 74.70 96.70 89.50 84.37 94.20 116.90 115.60 13 APR 8 MON 0.9944 1.0049 87 67.72 65.30 69.27 72.57 76.80 71.77 76.80 84.67 74.42 95.80 89.57 83.75 93.57 115.60 114.25 13 APR 9 TUE 0.9874 1.0029 88 68.02 64.92 69.15 72.10 76.07 71.92 76.07 84.27 75.00 94.62 87.75 83.77 94.75 115.77 113.95 13 APR 10 WED 0.9855 0.9999 89 68.45 63.77 69.45 72.10 76.67 71.67 76.67 84.85 75.00 92.47 89.80 84.60 94.32 116.50 116.60 13 APR 11 THUR 0.9901 1.0029 90 HOLIDAY 65.20 69.35 HOLIDAY HOLIDAY 71.90 HOLIDAY 84.42 HOLIDAY 92.70 89.77 84.60 94.75 115.30 115.70 13 APR 12 FRI 0.9885 1.0034 91 68.22 65.00 68.97 72.45 78.95 71.72 78.95 84.55 74.92 92.90 90.10 84.60 94.05 115.80 115.35 13 APR 15 MON 0.9883 1.0069 92 68.22 64.32 69.27 72.47 78.67 71.87 78.67 85.40 75.20 93.27 91.57 83.80 93.47 117.17 116.27 13 APR 16 TUE 0.9922 1.0086 93 67.82 63.60 69.52 72.25 78.52 70.47 78.52 85.52 75.10 92.82 91.65 84.77 92.95 116.50 114.80 13 APR 17 WED 0.9897 1.0049 94 68.12 63.17 69.07 71.47 76.95 70.60 76.95 85.45 75.15 92.72 92.65 85.12 94.30 115.22 115.15 13 APR 18 THUR 0.9927 1.0022 95 68.00 63.35 HOLIDAY 71.75 76.07 HOLIDAY 76.07 85.72 74.10 92.27 92.32 84.52 94.65 HOLIDAY 115.20 13 APR 19 FRI 0.9892 0.9995 96 67.67 62.90 69.27 72.05 76.22 71.05 76.22 87.12 72.92 93.15 91.95 82.62 94.50 112.80 113.60 13 APR 22 MON 0.9796 0.9965 97 68.27 63.70 69.65 71.55 77.92 71.32 77.92 87.12 72.95 93.30 92.10 83.27 94.60 112.30 111.57 13 APR 23 TUE 0.9783 1.0006 98 68.80 63.50 69.72 71.27 76.92 71.67 76.92 85.62 73.45 93.32 92.87 83.15 95.45 113.55 112.00 13 APR 24 WED 0.9837 1.0005 99 67.70 62.67 69.40 71.70 75.67 71.12 75.67 85.60 72.95 92.70 92.67 83.47 95.60 113.17 112.00 13 APR 25 THUR 0.9818 0.9950 100 68.17 62.72 69.27 71.95 76.47 71.47 76.47 85.62 73.12 93.27 93.37 82.60 94.82 113.35 111.55 13 APR 26 FRI 0.9811 0.9971 101 67.81 64.17 69.32 73.19 73.22 70.87 73.29 83.36 81.44 92.23 92.78 83.77 89.87 113.28 122.54 AVERAGE PRICE 1.0000 1.0000 © 2012 Steiner Consulting Group (1-800-526-4612)
  • 5. 2013 Seasonal Trader Report: President's Day Base JUNE LIVE CATTLE - SEVEN & FIFTEEN YEAR AVERAGE SEASONAL FACTORS FOR A PRESIDENT'S DAY BASE 1.0800 7 Year Seasonal Factor 1.0600 15 Year Seasonal Factor 1.0400 1.0200 SEASONAL FACTOR 1.0000 0.9800 0.9600 0.9400 0.9200 Dec Jan Feb Mar Apr 12/10/2012 4/26/2013 © 2012 Steiner Consulting Group (1-800-526-4612)