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Axiory Intelligence   |   Daily Market Updates   |   After four days of going up, Feeder Cattle is down 42.5 cents Friday

After four days of going up, Feeder Cattle is down 42.5 cents Friday

Published: March 19 2023, 16:56 GMT+0

After four days of going up, Feeder Cattle is down 42.5 cents Friday

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. Approximately 11 days ago, CME Feeder Cattle reached a significant high of $200.2 but has struggled to hold onto its gains and declined 2.52% since then.

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