
Cash cattle trade was slow in late March, with asking prices near $212 live in the South. Feeder steers and heifers were $5 to $25 higher, and boxed beef Choice rose $2.77 to $337.96.
Cash hogs were lower on sizable negotiated purchases ahead of the Quarterly Hogs and Pigs report.
Firm feeder and boxed beef prices reflect tight supplies and strong demand, while lower cash hog prices signal near-term pork supply pressure ahead of the USDA inventory report.
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.