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Cash cattle bids were reported at 118.00 in Kansas and Texas, with asking prices around 124-125 in the South. Live and feeder cattle futures settled lower while boxed beef cutout was mixed and hogs were higher.
Routine market moves with cash cattle trading below asking levels suggest softer near-term cattle prices, with limited direct effect on feed grain demand.
brownfieldagnews.comJan 24, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
