LIVESTOCK MARKETS: Cattle markets show some technical improvement

Fundamental analysis continues to suggest caution for beef production.

Cattle futures markets have provided some cautious optimism over the past several weeks, according to Colorado State University agricultural market expert Stephen Koontz. While volatility has persisted, he said lower beef prices are doing what they are supposed to do: increase product moment and consumption.

From a technical standpoint, Koontz said down-trends were established with the market turn last summer and into the fall, which hasn't happened for a number of years. Additiona

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