
Live and feeder cattle futures closed modestly higher on Monday after an oversold bounce, with October live cattle up $0.95 to $212.67. Lean hog futures also rose, with October hogs up $1.77 to $83.67.
Boxed beef closed lower on light demand for heavy offerings.
Routine daily price moves with a modest technical bounce; supply was light at auction but cash trade was quiet, so the direction for feed demand is unchanged.
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.