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The cattle market is running into some technical resistance in the trade, even as strong growing conditions over the…
Volatility is the theme in the cattle market this week, with cash trending lower and charts looking unsteady. On this week’s Cattle Chatter, Brad Kooima of Kooima Kooima Varilek discusses the run-up to Thanksgiving and shares insight on USDA’s clarification of cattle incentives. He also notes that feeder cattle remain expensive at the sale barns, as orders continue to shift south from the northern plains.