New downtrend lows posted for feeders.

Fat and feeder futures posted lower trade. Today's interest rate news was a driver. For fats, this comes even with an expectation of steady/higher cash cattle trades this week. Right now, feeder futures are the focus in the cattle complex. The long term Head and Shoulder top formation on the charts has been strongly verified. The November feeder contract pushed to new lows and a new low-close for its downtrend.

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