DTN Early Word Livestock Comments 07/30 06:37
30 Jul 2020
DTN Early Word Livestock Comments 07/30 06:37 Cattle Futures Nearing Resistance Levels Strong buyer support in all cattle trade over the last two days has been driven by technical buyer support moving back into the complex. Although there is underlying support for additional short-term gains, the ability to break through resistance levels could become a challenge given current uncertainty about beef demand growth.