Bull trend stays strong

9 months ago 145

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“Another day, another new all-time high close in the cattle market as the bull trend won’t let up,” The Hightower Report said. “Cutout prices finally weakened slightly after significant gains recently. Feeders are once again leading the charge to the upside.”

“December hogs traded lower to start today but rebounded to close unchanged. Prices are in the middle of this month’s range and technicals are neutral,” The Hightower Report noted.

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