Cattle set back with the stock market. June 10, 2022
One of the players involved in the coming packing plant capacity increase announced they would be bowing out of the race due to increasing construction costs. The stock market also posted a good setback today. Along with cash trades in the south, only up to $137, the market stepped back on Friday. This is still a net win for the trade with August live cattle ending up 2.35.
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