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Packers cut slaughter volumes, with the week's slaughter about 466,000 head through Thursday versus 477,000 a week earlier. Live cattle futures rose about $4 on April and June contracts, and cash steers sold from $211 to $213.
Choice boxed beef edged up to $333.70.
Reduced packer throughput tightens near-term beef supply and supports cattle prices, although packers' worsening margins could force further slaughter cuts that limit demand for feeder cattle.
wlj.netAnna Miller FortozoApr 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.
