Cattle on Feed may pressure futures next week. August 19, 2022

Gains in cash cattle, which were expected, helped propel fed cattle futures 0.75 higher and 0.77 for feeders. Traders now have two weeks of cash gains under their belt and are now moving away from good summer supplies seasonally. After the close, monthly Cattle on Feed was bearish.

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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.