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Outlook: $3-$5 Weekly Market Swings Are Becoming Routine

2014-03-05 21:50:00| Beef

By Nevil Speer, Western Kentucky University Experienced traders know to never get in the way of the market. Once a run begins, markets seemingly create a self-propelling momentum that’s difficult to break. And taking a contrarian position on a whim can prove especially painful. Fed cattle prices are on a roll. For sellers, this year’s bullish market is extremely gratifying and helps dull the pain of an extended run of negative closeouts. The ensuing sentiment has understandably resulted in renewed exuberance about the business. read more

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