Feeders complete their chart based downside target. October 10, 2022

Pressure on the feeder cattle side, with both lower sale pricing pricing and higher corn, pushed this market to new lows for the downtrend. For the November we finally filled the downside objective for the long term Head & Shoulders top formation! Live cattle may have some hesitation this week with expectations of high inflation still in place on Thursday's update.

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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.