New highs for cattle. February 13, 2023
New contract highs were reached today for the February and April live cattle contracts. June retested its prior high. Markets gapped open higher, on Friday's strong afternoon cash cattle trade, temporarily broke to fill most of the gap, and rebounded into the close. This was the best close of this uptrend for the front two contracts. March feeders posted an Outside Day that closed higher.
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Allendale Insider
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