Beef Market Correction - AG INFORMATION NETWORK OF THE WEST
Traders see a bit of a of correction in the Beef Market following the Cattle On Feed Report last.
Source: aginfo.net
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Traders see a bit of a of correction in the Beef Market following the Cattle On Feed Report last.
Feeder Cattle fell sharply lower last week, as cash cattle prices remain red hot.
Class III milk prices expected to remain in the $17/cwt range until late fall.
Bearish trends from outside markets trickle into grain prices, as recession fears continue.
The cattle market continues to trend higher, following momentum in cash prices.