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Cattle futures rose more than $2.00 on most contracts on April 22, with the April live cattle contract reaching a new high of 211.37. Feeder cattle prices rose sharply at auctions, and hog futures moved above $100.00 for the first time since February 26.
Strong feeder cattle demand and higher futures support cattle prices and feedlot buying, while hog strength reflects rising cash prices that can support feed demand.
dtnpf.comRobin SchmahlApr 23, 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.
