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Cash fed cattle traded $239-240/cwt in the South last week, steady to $1 lower, while the North fell $2-4. Choice boxed beef fell for a second straight week to $389.44 weekly average.
October live cattle settled at $233.575 and feeders rallied $8.75 on the week.
Seasonal cutout weakness and lighter slaughter weigh on cash cattle, though futures rebounds and tight supplies offer some support into October.
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.