GFJ9: -.50 at 146.425, trading in a range of 1.225
Cattle Commentary: Cattle futures were mixed to start the week with front month futures under pressure but deferreds mounting a rally. We would not be surprised to see additional pressure come into the April contract this week, following last week’s lack luster cash trade and somewhat mute expectations to start this week. Weather has certainly caused disruptions throughout Nebraska, but the packers don’t seem to be in a pinch. A monster rally in hog futures has likely played a role in price action and money flow.
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