Cattle market :
12 hours before market close. News : a lot of stock in the market still unsold, and no customer. Everyone that planned to purchase one has already got his.
Indicating price will further collapse in the last hours.
This is good. Next years it will incentivize the traders to sell their stock on the early days of trade, and not hold and wait for a last night spike, which everyone currently does now.
Interestingly when we used to receive supply of Indian cattle, cattle price used to spike in the last day due to shortage of supply and that happened for four years in row.
And now when BD is producing its own, the price is collapsing due to oversupply. This now happening two years in a row.