Trade Mulls Over Expectations Of Future Beef Demand May 10, 2022

Fat and feeder futures were pressured today. Lingering concerns over the economy, summer supplies of fed cattle offerings and a mild rebound in corn were issues. Today's trade in June live cattle futures did not test the prior 3/4 lows from 130.97 or yesterday's 131.02. But today's close on that contract was the lowest close since 11/1.

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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.