It’s time to guess your own Cattle On Feed report. The next report, the first after the government shutdown, will be released Friday, November 21. The futures market topped in October. Feeder cattle futures hit a price of 0 before ending the month down 6.1%. Live cattle futures hit 3 at the peak and dropped, but still finished the month up 2.0%. This beat the broad commodities index (up 1.0%) but trailed stocks (up 2.3%). Auction markets followed futures and ended up flat to lower depending on the exact date and class of cattle. In late-month USDA reported auction sales...Article Link

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