Pro Farmer: After The Bell Cattle Recap
By Pro Farmer - Fri 11 Jan 2013 15:03:24 CT
Related Keywords: Agriculture

Live and feeder cattle futures faced stepped-up profit-taking pressure today to propel the market to sharp losses for the week. February live cattle are still trading at a premium to this week's $126 to $128 cash cattle trade, which raises the risk of followthrough pressure next week. Ultimately, downside risk should be limited for the cash market and futures as market-ready supplies are tight.
 


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