Live cattle August contracts finished the day limit up, rebounding nicely from the previous tough two weeks. The June contracts finished the day at 121.475 and August at 118.275. Feeder cattle followed suit today saw August, September,
Cattle finished down .500-1.00 today, all contracts are now below 120.00 for the first time since mid April.
After observing modest gains for most of last week and the first day and a half of trading this week the market closed down on all open cattle contracts. Feeder Cattle finished limit down in all 2017
The cattle market slid into the holiday weekend, June cattle finished the day down 1.225 to settle at 122.700. All back months finished over 2 down on the day. This is reflected in the weekly picture as
Cattle feeders can now sharpen their pencils and start looking for cattle that will have positive returns. Many feeder cattle are selling now at much more attractive prices than we have seen in some time. Risk management