Loading…

Live cattle futures closed mixed, with February live cattle up $0.35 and March feeder cattle down $4.85. Direct cash trade was $238 to $240 live, and feeder auction prices were uneven ahead of the USDA cattle inventory report.
Feeder futures weakness ahead of the inventory report reflects traders positioning for supply data. Firm cash fed prices support live cattle values.
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.