After 36 days of going up, CME Cattle went down 80 cents yesterday and closed at $233.9, indicating a potential change of course

A quick look at yesterday: Feeder Cattle goes down 0.34% to close at $233.9 per pound yesterday.

Following a previous reading of 0.3%, Core Durable Goods Orders in United States released yesterday at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

The commodity has been trending positively for about a year. The Feeder Cattle future now trading 23.54% above its 3-month low of $154.6.