Feeders complete their chart based downside target.

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.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls