Cattle markets debate falling supply vs. demand concerns. July 1, 2022

Though cash markets were not impressive this week futures did managed gains, 1.22 for August live cattle and 2.00 for August feeders. Deliveries against the now-expired June and recession concerns are balancing factors against indications of lower supply in the quarters ahead. Deferred feeder cattle charts may have confirmed a long term Head & Shoulders bottom.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.