Cattle Balance Between Demand Concerns And Falling Supplies May 13, 2022
Cattle futures posted lower trade this week. June fats were -0.67. December posted -3.72 trade. The cattle market is wary of the current recession talk that is occurring at the same time as we enter seasonally large supplies. August feeders, with an eye on corn, posted -6.67 trade for the week. Today's close for that contract was the second lowest since fall of last year.
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