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December live cattle closed $1.15 lower at $117.25 and feeder cattle were mixed, finding some support from a weak corn trade. Hog futures rose on firm wholesale pork values, with cash hog trade supported by a strong wholesale market.
Weaker cattle futures reflect tighter beef supply worries in deferred contracts, while firm wholesale pork values support hog prices.
brownfieldagnews.comMeghan GrebnerOct 29, 2018Not 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.
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.
