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Live and feeder cattle futures rose across the board, while Choice boxed beef values declined. The move reflects a rebound from earlier oversold levels.
Higher futures with lower boxed beef values show a disconnect between the packer cutout and the futures market, which could limit further gains.
agupdate.comApr 5, 2018Not 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.
