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

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

Published: March 19 2023, 14:36 GMT+0

End of rally for CME Feeder 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. Approximately 11 days ago, 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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