DTN Closing Livestock Comments

Cattle Complex Starts Week With Bearish Implosion

Rick Kment
By  Rick Kment , DTN Analyst
(DTN file photo)
Live and feeder cattle futures crashed hard right out of the gate, gapping sharply lower thanks to aggressive long liquidation and technical selling. The lean hog pit settled moderately lower, checked by profit taking and spillover selling from the beef pits.

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Rick Kment