Bullish Cattle on Feed report creates market optimism

IARN – Just before the Memorial Day Weekend, the livestock markets got some homework in the form of the latest Cattle on Feed report. There was plenty of time for the markets to digest the neutral numbers, and today both live and feeder cattle climbed higher. Even though the numbers were neutral, AgMarket.Net hedging strategist Ross Baldwin said this is a bullish report.

Read more at Iowa Agribusiness Radio Network.

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