Slipping end user interest helps pressure cattle. April 19, 2021

Fed and feeder cattle futures pushed to new lows for this recent downtrend today. Though both sides did end the day lower, some are happy to see this close was well off the morning lows. The trade is wary of higher corn pricing and the idea cash cattle may stabilize in the short term.

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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.