Feeder Cattle:
The rally may extend beyond $286 if historical wave extensions repeat.
A wave four pullback could hold trendline support or extend further.
Previous breaks from February highs ranged from 4% to 9.5%.
February 2022 saw a $28 drop after an initial high; similar scenarios may repeat.
Post-fall contracts historically create a bearish premium corre…
Listen to this episode with a 7-day free trial
Subscribe to Heartland Ag Edge to listen to this post and get 7 days of free access to the full post archives.
