Today’s Moderately Higher Futures Were A Welcome Sight March 7, 2022
After last week's sharp price break, today's moderately higher futures were a welcome sight. Though US consumer beef demand remains quite strong, and will continue to increase as the year progresses, the market is wary about sharply falling US stock market futures. Last week's cash cattle trade was a moderate disappointment. The market is now wondering if all of last week's futures declines were needed.
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