Are Cattle Prices Going Lower ?

19 Dec in Blog, commodity trading, feeder cattle futures, futures trading, Lean hog futures, live cattle futures, livestock futures, Mike Seery, milk futures, seeryfutures

Live Cattle Futures--- Live cattle futures in the February contract are trading lower by 30 points at 120.30 still consolidating the recent downdraft in prices as the true leader in this complex is Feeder cattle in the March contract which is now lower by 210 points looking to breakout to a 3 month low putting pressure on live cattle prices in the short term.

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