Cattle Bounce Back - AG INFORMATION NETWORK OF THE WEST
Cattle bounce back, with Live Cattle topping the 50 day moving average.
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Cattle bounce back, with Live Cattle topping the 50 day moving average.
Cattle rebound with more support from traders, however concerns of inflation still lingering.
Cattle jump back on track as prices rebound despite bearish factors within the market.
Cattle closed the week with better cash trade, giving the market a well-received boost.
Cattle Bounce Stronger This is Matt Rice with today’s Market Line Report for Monday. Live and Feeder Cattle bounce back stronger to end the week, as Wheat makes a solid run. Virginia McGathey with the CME Group, shares her input on the beef market. McGathey “ .” Chicago Soft Red Winter Wheat prices for May. closed the day up 16 ¾, to finish at 614. March. Corn up 2 ¼, to close at 423 ½. Kansas City Hard Red Winter Wheat prices for March. were up 17 ¾, to settle at 581 ¼. Portland prices for Ordinary Club Wheat was up 15- Unch, ranging from 6-40 to 6-75. Portland Hard R...