GFH9: -.225 at 145.925, trading in a range of 1.15
Cattle Commentary: Cattle futures tried to feed off of yesterday’s weakness, but buyers stepped in near yesterday’s lows to press prices back towards unchanged. Cash trade this week has yet to be determined, some are optimistic about higher prices with most offers resting near 120. Tomorrows Fed Cattle Exchange has 620 head offered, not a lot but for whatever reason it draws attention weekly as it occasionally puts a line in the sand. Holiday’s are around the corner which could help beef up demand (pun intended).
Weakness continued in lean hogs today with....To get our full report emailed to you each afternoon, click HERE or email [email protected]
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