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Cash cattle trade started slowly on October 3 with no established bids or asking prices. Feeder steers at Oklahoma National Stockyards traded $2 to $5 lower and feeder heifers $3 to $6 lower, while cash hogs were steady to lower and boxed beef was down at midday.
Lower feeder cattle and cash hog values, combined with weak boxed beef, point to softer livestock demand and lower feed use.
brownfieldagnews.comOct 3, 2023Not 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.
