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The cash cattle trade stalled on Friday with northern sales at $167-$168, about $2-$3 lower than the prior week. Futures swung sharply during the session before recovering, and feeder contracts finished mixed.
Volatile futures and thin cash trade leave feedlot bids uncertain, while weak cash levels cut feeder profit potential and pressure feeder cattle values.
brownfieldagnews.comSep 23, 2016Not 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.
