Falling corn pricing was a big driver for a $2 to $3 surge in feeder cattle futures. The March soared to its best price since 9/12! It has now cleanly pushed past the last 61.8% retracement on the charts. Live cattle did end higher but left an open intra-day gap to fill from yesterday's close.
This content requires a premium subscription.
Please login to your premium subscription to view this content in its entirety.