Markets Carve a Bottom | Cattle Call
Cattle Call
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9m 48s
The cattle market is working to carve out a bottom, with traders watching for signs of stabilization. On this week's Cattle Call, Brad Kooima with Kooima Kooima & Varilek discusses how oversold the market has become, noting higher weights and last week’s push for a slower kill pace from packers. Meanwhile, tariff discussions with Mexico and Canada have been delayed until April, which some believe contributed to Wednesday’s slump in cattle prices. Supply is showing some tight numbers heading into March, with a close watch on open interest for April.
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