Loading…
Cattle futures closed the week higher on April 25, with the April live cattle contract up 75 cents to $214.25 and June up 25 cents to $208.25. Cash trade was moderate at 8,535 head, with live steers at $212-218.
Boxed beef Choice cutout rose $2.78 to $336.48.
Packers face reduced processing volumes and need to pay higher bids to secure cattle, which supports cattle prices. Stronger boxed beef values give packers some margin support, though they may pass gains to cattle owners.
wlj.netCharles WallaceApr 25, 2025Not 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.
