Cattle Futures Have Recovered Half Of Their Sell-off March 18, 2022
This week was a win for cattle futures. June fats picked up 4.12 since last Friday's close. It is the best daily close since 2/28. Wholesale beef gained on a generally low supply offered ahead of spring demand needs. Cash cattle though, was limited to steady. This was a positive week for feeder futures. Lower corn supported the May by 3.72. Today's close was the best since 3/2.
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