Cattle Market Mixed Following Cattle On Feed Report - AG INFORMATION NETWORK OF THE WEST
Cattle prices finished Monday mixed following the slightly better than expected “Cattle On Feed” report from last week.
Source: aginfo.net
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Cattle prices finished Monday mixed following the slightly better than expected “Cattle On Feed” report from last week.
Cattel futures rally ahead of “Cattle On Feed” report and next weeks big holiday.
Inflation predictions cut some tension with traders and spark interest in the Beef Market.
An overbought Cattle Market adds pressure to the already diminishing supply, with beef production down 7.6% compared to last year.
Cattle continue to build momentum as prices trend higher at the beginning of the week.