Cattle trade wonders when futures premiums will turn into supportive cash. January 25, 2021
Cattle futures did relatively well today considering Friday's COF report did not show a drop in placements in December. That report, and concerns about the short term feedlot situation, are balancing factors against a host of supportive factors set for summer and beyond. February futures, with a "normal" basis applied assume a $116 trade in one month.
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