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The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
The week opened with cattle chasing headlines — from cattle-on-feed numbers to the confirmed case of a human infection with the New World screwworm. But those stories didn’t hold market attention for long, as futures quickly turned back to the push for green. In this week’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek takes a closer look at the market, which has once again set new contract highs early on. The lingering question, however, is whether we could soon see stronger signs of pullback. Volatility and a lack of cash cattle movement have played a big role as