Weakness in equity markets pulls cattle markets lower

Weakness in equity markets pulls cattle markets lower

Market Talk with Jerry Klassen

Live and feeder cattle futures dropped sharply in early August.  While the supply fundamentals for the cattle market hadn’t changed, the cattle futures started to incorporate a risk discount due to the uncertainty in demand. Consumer confidence appears to be decreasing and job growth has slowed. Restaurant spending made seasonal highs in June and recent […] Read more