Strong Cash Offers Brings Late Night Trade | Cattle Call
Finance
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10m
Last Friday set the stage for this week's cash cattle trade as packers actively pursued purchases late into the evening, signaling strong demand. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek discusses the potential for another round of toe-to-toe action this week, with expectations for higher prices. Technical challenges have emerged in the trade, with a market correction likely on the horizon as open interest increases alongside the rally. In the South, cattle weights remain heavy, adding another layer of complexity to market dynamics.
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