Loading…

Cattle futures rose on January 28 as live and feeder contracts gained ahead of Friday's USDA Cattle Inventory report. Live cattle closed $1.22 to $1.32 higher, and March feeders rose $3.85 to $365.85.
Pre-report buying lifts cattle futures, supporting feedlot margins and the outlook for cattle prices. The move is routine positioning rather than a new fundamental shift.
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.