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Live cattle futures rose sharply, with October live up $1.37 at $238.20 and September feeders up $3.15 at $365.05. Boxed beef closed sharply higher, with Choice up $4.68 at $413.17.
Strength in cattle and boxed beef supports demand for feed in cattle feeding, though this is routine price commentary without a new cause.
Not enough comparable past events yet for a historical read.
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.