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Technical Analysis #C-FCATTLE : 2015-11-25

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Reduced cattle numbers stopped falling prices The October placements of cattle in US feedlots is 4% down compared to the last year’s level being the lowest since 1996, the year when the statistics was officially released first. At the same time, the beef prices slumped last week to the 2-year low. Will the beef prices rebound? The US Department of Agriculture informed in its monthly Cattle on feed report that October placements in feedlots fell to 2.28mln head. The number of cattle heads sold

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