
Southern and Northern cash cattle trade started quietly on May 2, 2022, after deals the prior week near $140 live and $232 dressed. Choice boxed beef was up $2.82 at midday to $263.60 on solid demand for light offerings.
In South Dakota, feeder steer prices were mixed, and recent rains improved grazing and hay prospects.
Improved rainfall and pasture conditions in the Plains ease pressure on hay and feed supplies. Firmer boxed beef supports cash cattle prices, while mixed feeder prices show no clear trend.
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.