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CME live cattle futures rose for a fifth straight session on strong cash trade, and feeder cattle futures also climbed to new highs. Packers reported deep losses but kept bidding for cattle.
U.S. imports of Mexican cattle remain blocked over New World screwworm.
Continued tight US cattle supplies, worsened by the Mexican import ban, keep cattle prices firm and support feed demand from feedlots.
thecattlesite.comJan 29, 2025Not 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.
