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2/5/24 The Livestock Markets were all lower today, and the Grain Markets were mixed. The Cattle Markets broke after making new highs today. April’24 Live Cattle was 1.400 lower today and settled at 182.350, just above today’s low of 182.250.  Today’s high of 184.475 is also the 1-month high. The 1-month low is 172.275. Since 1/5 April’24 Live Cattle is …

March Feeder Cattle opened higher, traded down to the low at 244.00 and the reversed course and traded up to the high at 246.125. The rally couldn’t be sustained and price once again tested the low. It held and price recovered to settle at 244.80. The rally took price to a new high for the up move, testing resistance at …