Cattle Pricing
Cattle Demand Softens But So Does Supply
Cattle PricingCattle Demand Softens But So Does SupplyCattle Demand Softens But So Does Supply
“Ten days ago, packers were short bought and now they're not,” John Otte, Penton market analyst, explained Friday. “That means they don’t need to chase supplies. That's letting cash fed cattle prices drift lower, which pressures fed cattle futures.”
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