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Axiory Intelligence   |   Daily Market Updates   |   After four days of going up, CME Cattle went down 42.5 cents Friday and closed at $194.72, indicating a potential change of course

After four days of going up, CME Cattle went down 42.5 cents Friday and closed at $194.72, indicating a potential change of course

Published: March 19 2023, 12:36 GMT+0

After four days of going up, CME Cattle went down 42.5 cents Friday and closed at $194.72, indicating a potential change of course

A quick look at Friday: Feeder Cattle ended Friday at $194.72 per pound following from closing Thursday at $195.15. Overall, this represents a loss of 42.5 cents or 0.22%.

The commodity has been trending positively for about 9 months. CME Cattle has fallen back around 2.52% over the past 11 days, from a notable high of $200.2.

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