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Southern Plains and Nebraska negotiated cash cattle traded steady to higher at $119-$120 live on Friday, with dressed sales at $190. Choice boxed beef rose 1.27 to 190.49, and CME live cattle futures closed 0.45 to 1.40 higher on commercial buying.
Firmer cash trade and higher cutout values support live cattle futures, though the market's fundamental support remains uncertain.
brownfieldagnews.comFeb 17, 2017Not 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.
