Rise in beef stocks in October may challenge cattle market’s strength November 22, 2021
Live cattle futures gapped higher off the open today and did not look back. February closed at its best trade since August 30. June futures pushed to new contract highs and also posted a new high-close. The trade focused on the last week of holiday procurement and ignored Friday's slightly disappointing Cattle on Feed report. Cold Storage, out after the close, was negative.
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