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Live cattle closed mixed, with the October contract up and December down 82 cents after new contract highs the previous day. Cash trade was thin, and analysts said the market needed more fundamental support before moving higher.
Thin cash trade and hesitation after record highs signal limited near-term upside for live cattle prices.
wlj.netCharles WallaceOct 25, 2022Not 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.
