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Live cattle futures were mixed Friday, with August live cattle up $4.67 for the week and feeder futures posting a $2.70 weekly gain. USDA cash cattle traded at $232-233, with some up to $235, and federally inspected slaughter was 24,919 head below the prior year.
Lower slaughter and firm cash trade support cattle prices, while the weekly gain reflects a rebound after the early-week sell-off.
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.