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Chicago live cattle futures settled near contract highs on April 29, with June live cattle at 210.200 cents/lb and August feeder cattle at 296.900 cents/lb. Lean hogs fell, with June closing at 99.450 cents/lb as spread trading shifted money out of hogs and into cattle.
Strong cattle futures and firm boxed beef support demand for feeder cattle and corn-based feed, while weak hog futures reflect a cash market that has not yet caught up to deferred prices.
canadiancattlemen.caGeralyn WichersApr 29, 2025Not 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.
