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Axiory Intelligence   |   Daily Market Updates   |   After 36 days of going up, CME Cattle down 80 cents yesterday, signaling a possible reversal of course.

After 36 days of going up, CME Cattle down 80 cents yesterday, signaling a possible reversal of course.

Published: May 27 2023, 06:20 GMT+0

After 36 days of going up, CME Cattle down 80 cents yesterday, signaling a possible reversal of course.

A quick look at yesterday: Feeder Cattle ended yesterday at $233.9 per pound following from closing Thursday at $234.7. Overall, this represents a loss of 80 cents or 0.34%.

The past 3 months have been positive for Feeder Cattle as it added 23.54% compared to its 3-month low of $154.6.

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