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Live cattle futures closed mixed on October 30, with October live cattle up $3.87 to $235.27 and December up 20 cents to $231.10. Cash trade was light, with live steers selling at $235 and dressed steers at $360.
Record futures volumes were reported after the Trump-Xi meeting.
Mixed closes and light cash trade show the cattle complex searching for direction, with little immediate change to feed demand or prices.
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.