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Axiory Intelligence   |   Daily Market Updates   |   End of rally for CME Cattle: After four consecutive up days it closed down 0.22% Friday

End of rally for CME Cattle: After four consecutive up days it closed down 0.22% Friday

Published: March 19 2023, 10:15 GMT+0

End of rally for CME Cattle: After four consecutive up days it closed down 0.22% 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. The Feeder Cattle future has fallen back around 2.52% over the past 11 days, from a notable high of $200.2.

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