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Cattle futures eased lower on Tuesday October 24 after the previous session's selloff, with feeder cattle down an average of 52 cents. Corn futures closed 4 to 6 cents lower on harvest pressure, while KC HRW wheat fell 7 to 9 cents and Choice boxed beef rose.
Harvest pressure on corn and wheat reinforces softer grain prices, while cattle weakness reflects the broader bearish cattle sentiment after the USDA report.
cattlecurrent.comWLIOct 25, 2023Not 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.
