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Cattle and hog futures closed sharply lower on Friday, with October live cattle settling limit lower at 98.90. Feeder cattle fell 3.62 to 4.36 and boxed beef cutout values also declined.
Sharp futures losses signal weak livestock sentiment and lower cash bids, pressuring feeder and finished animal values heading into the fourth quarter.
brownfieldagnews.comSep 30, 2016Not 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.
