Feeders were the leaders this week. July 15, 2022

This was a big week for feeders. The 4.62 gain for the August contract may be confirmation that long term supply declines are now ready to be priced in. The 0.97 gain for August live cattle is reasonable. We are still, for now, stocked with cattle in the yards and the general trade is concerned over future demand. Three reports covering supply will be released next Friday.

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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.