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Cattle Markets Show Continued Pressure After Friday's Cattle on Feed Report | Channel Final Bell with Kyle Bumsted
Published 3 days, 7 hours ago
Description
Cattle on Feed numbers were bearish, but analyst says that was likely priced in ahead of this week's trade.
Fund liquidation continued to hold pressure on livestock markets as we begin a shortened trading week.
Grain futures were lower with the drop in crude oil as the war with Iran remains an uncertain factor in today's markets.
Livestock market analyst Kyle Bumsted recaps today's trade.