Feeders show concern with feeding profitability. January 17, 2023
Traders were willing to test lower prices today. Fats pushed to three week lows. Feeders are now at six week lows. The feeder futures close today, about on the days's lows, was discouraging. So far, this market has now shown interest in pricing in tomorrows snows. Higher corn pricing appears to be the story in focus.
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