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The Texas Department of Agriculture daily summary for March 21, 2017 reported higher feeder cattle and futures prices, with CME March feeder futures up 53 cents. Fed cattle futures rose and boxed beef values gained, while grain and soybean prices fell.
Cotton and crude oil were lower.
Tight feeder cattle supplies and firmer boxed beef values support cattle prices, while lower corn prices reduce feed costs for cattle feeders.
texasagriculture.govMar 21, 2017Not 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.
