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Fed cattle traded $7 higher in the South at $210/cwt and $212 to $215 in the North last week, and the CME Feeder Index rose $4.69. Choice boxed beef cutout gained $7.18 to $325.45, while live and feeder futures saw sharp declines.
Higher cash fed cattle and cutout values support packer and feedlot pricing, but heavier weights and rising beef output are weighing on futures.
beefmagazine.comTrey FreemanApr 1, 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.
