Cattle end of the week at new contract highs. February 3, 2023
With slight gains today included this week's trade showed clear gains, +3.30 for April fats and +2.62 for March feeders. The fats ended the week with new contract highs and another new highest-close for the four month long rally. The trade expected $1 cash cattle gains when trading does start later today. Tuesday's bi-annual Cattle report received a lot of general commodity press.
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