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Varilek’s Cattle Call: Feeder prices continue to surpass expectations
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Tri-State Livestock News
A market near record highs kept the volatility with nervous traders at these levels.
Prices ranged from $236-$237 mostly, but were better than initial worries of severely lower cash for northern producers.
Prices continue to surpass expectations with breakevens on calves falling in the $240 range.
We do not have a futures market even trading that high.
Kooima Kooima Varilek TradingThe risk of loss when trading futures and options is substantial.
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