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Latin America
Cattle futures end lower
Cattle futures reacted with sharp losses to news of 50 cents to $1 lower cash cattle trade at $127 and ended $1.50 to $2.27 1/2 lower for the day and sharply lower for the week. April cattle ended the week $1.77 1/2 lower than last week's close and did more technical chart damage by posting a fresh contract low. April live cattle have moved to a discount to the cash market and have entered oversold territory.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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