Cattle Extend Gains On Better Cash News: Grains Rally on China Deal or Short Covering?

Cattle Extend Gains On Better Cash News: Grains Rally on China Deal or Short Covering?

Scott Varilek of Kooima Kooima Varilek says cattle futures are trading higher building on Wednesday’s big reversal which was initially triggered by trade news but then better than expected cash trade added to the rally. Grains are also higher on hopes of an announced deal with China.

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