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Cattle futures closed lower on Monday, pressured by an equity sell-off and by the prior week's Cattle on Feed report showing more placements than expected. Cash fed cattle trade was inactive on light demand, and Texas Panhandle FOB prices were $208-210.
Corn, Kansas City wheat and soybean futures also closed slightly lower.
Light cash demand and weak equities pressure cattle prices, while the grain complex's modest declines show little change in feed-grain demand from the cattle sector.
cattlecurrent.comWLIApr 22, 2025Not 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.
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.
