After The Bell Cattle Recap
By Pro Farmer - Fri 18 Jan 2013 14:43:02 CT
Related Keywords: Agriculture

Live cattle futures faced sharp price pressure this week to do serious technical chart damage. February live cattle are now trading in line with the cash market and are technically oversold, which suggests a time or price correction is due. Feeder cattle futures also ended sharply lower for the week, with the March contract posting a fresh contract low today.
 


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