# Marketline Report for Tuesday, November 6th - AG INFORMATION NETWORK OF THE WEST

> Live cattle dropped sharply on Tuesday as traders liquidated long positions ahead of the US midterm elections, with beef cutouts also declining. Chicago December wheat closed down 1.5 cents, while December corn rose 2.75 cents. Live cattle for December fell $1.75 to 115.55, and November Class III milk slipped 0.08 to 14.70.

- Date: 2018-11-06 · published 2018-11-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11217-marketline-report-for-tuesday-november-6th-ag-information-network-of-the-west
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Election-driven liquidation and weaker cutouts pressured cattle prices, while corn and wheat showed little net change.

## Read by commodity

- CORN: bullish ▲
- MILK: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- aginfo.net: https://www.aginfo.net/report/41324/Marketline-Report-for-Tuesday-November-6th

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.