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Slaughter cattle cash trade was light, with live purchases at 225 to 228 dollars, mostly 227, and dressed purchases at 355 to 365, mostly 365. Negotiated volume trailed year-earlier levels.
Thin negotiated volume leaves prices less established, weakening support for live cattle futures and fed cattle values.
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.