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Varilek’s Cattle Call
['Scott Varilek']
Tri-State Livestock News
The technical and fundamentals had their hands full over the last two weeks of the cattle futures.
News came from every angle, but at least prices ended the week with a nice recovery from the lows.
A gap lower in the charts from the beginning of the month measured to the levels we held.
December live cattle futures have a gap in the chart at $230.175 for example which is now roughly $3.00 away.
It will be a slow start getting ready to be back to full steam in my opinion.