Falling Stock Market And Higher Corn Wreck Feeders May 12, 2022
With one eye on a falling stock market, and a second on a strong corn trade, the cattle complex was hit today. June cattle did not post a new low for its downtrend. It did post the lowest close since 11/1 though. Feeder futures pushed to new lows for the downtrend and also to a new low close for the downtrend.
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