The livestock markets are trying to settle out for the fall, according to David Williams, director of the Agribusiness Intelligence Protein Group at Informa IEG.
Cattle are starting to rally a little bit, with October futures headed back to $113/cwt., he said, adding that cash could trade at $110-111/cwt. in the coming weeks as well. “We’ve been a little bit more bullish on the cattle side,” Williams said.
The cutout appears to be bottoming out as well, he ad
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