Feeder Cattle Hit Limit Down — Top in Place or Just Weekend Pressure?
A limit-down move in the feeder cattle market raises questions—was it simply a weekend pullback, or is a top now in place? The potential for a Labor Day beef buying rally could also be factoring in. On the grain side, little change in crop weather as we head into next week’s August WASDE report. Export numbers remain strong, offering some underlying support.
Zach Hooker with Comstock Investments brings the Friday Market Wrap Up
