Loading…
Fed cattle traded $5 higher on a live basis in the week ended September 16, with the five-area weighted average at $106.98 live. Choice and Select boxed beef cutouts fell for a fifth straight week, losing $15 over that period.
Fed cattle prices recovered from summer lows, but falling wholesale beef values limit how far live cattle can rally and keep feeder margins thin.
u.osu.eduSmith atSep 21, 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.
