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December live cattle futures rose about $9 to $230.37 and February contracts gained about $6 in the week to December 12. Cash fed steers traded from $222 to $228, with a sharp rise in negotiated trade.
Higher cash trade lifts the futures curve and signals stronger near-term feeder demand. Buyers should expect firm cattle values while cash prices stay elevated.
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.