Monday proved to see little buyers in the fat cattle futures market, seeing a selloff that lasted most of the day. On the other hand though, cash fats ran up with good sales over the weekend, turning basis positive for the first time in a couple weeks. Feeder Cattle dropped sharply, looking to follow suit to their fatter cousins.
Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks!