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Direct cash cattle trade developed at $114 to $115 live and $180 dressed, with boxed beef Choice up $1.40 at $212.79 on a midday basis. Cash hog trade opened mixed under pressure from heavy pork supply and trade tensions.
Firm cash cattle and boxed beef support cattle futures, while ample pork supply and trade friction weigh on hog prices.
brownfieldagnews.comOct 25, 2018brownfieldagnews.comMeghan GrebnerOct 26, 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.
