December live cattle (LEZ26) futures on Friday fell $1.70 to $221.475 and for the week were down 67 1/2 cents. November feeder cattle (GFX26) futures lost $5.20 to $331.15 and for the week were down 82 1/2 cents. The cattle futures markets on Friday saw some profit-taking pressure from the shorter-term speculators. However, the bulls are keeping price uptrends alive on the daily bar charts. That suggests the path of least resistance for prices will remain sideways to higher in the near term.
