Cattle Rally Into Christmas - AG INFORMATION NETWORK OF THE WEST
Markets were closed Friday due to the Christmas Holiday, so let’s recap with Virginia McGathey from CME Group.
Source: aginfo.net
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Markets were closed Friday due to the Christmas Holiday, so let’s recap with Virginia McGathey from CME Group.
The beef market saw a nice rally yesterday after USDA On Feed Report was released.
Feeder Cattle take another blow, seeing a $7 drop in just 1 week as packers finish out orders for the year.
Feeder Cattle saw poor demand in the market Friday, as prices dropped.
Cattle saw a nice bounce yesterday, but how much longer will we expect continued demand in the market?