DTN Early Word Livestock Comments 03/02 06:26
Cattle Unable to Find Support
Cattle futures have been, and continue to be, in trouble as funds liquidate.
Feedlots may have held out too long anticipating higher prices and may have to
settle for no better than steady money after spending more money on high-priced
feed. Hogs remain in a more bullish posture with the uptrend intact and traders
continued interest in buying breaks.
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