
US cattle futures fell further at the CME on November 20 under heavy fund selling and lower cash prices. Futures had dropped over the prior month after Trump said he would work to lower beef prices.
Liquidation by funds is pushing cattle prices lower even though fundamentals remain firm, and the pressure can persist while selling continues.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Heavy fund selling and lower cash prices on Nov 20 extended the futures decline.
Heavy fund selling and lower cash prices pushed futures down on Nov 20 amid liquidation.