
Fed cattle cash prices rose $7 to $9 per cwt the week ending March 21, with Southern trade at $210 and Northern trade at $212 to $215. Choice boxed beef gained $7.18 to $325.45, and the CME Feeder Index rose $4.69 to $285.94.
Live and feeder cattle futures fell sharply in the same period.
Higher beef production and heavier carcass weights support cash cattle prices, but futures weakness signals the market sees limited upside from current supply conditions.
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.