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Live cattle and feeder cattle futures closed lower on Feb. 28 as traders reacted to uncertainty over tariffs rolling out the following week.
The April live cattle contract fell $3.47 to $192.65 while cash trade was substantial at $195-199. Corn futures also fell 11 cents on the March and May contracts.
Routine price wrap showing a downturn driven by uncertainty and weak boxed beef fundamentals; corn softness marginally lowers feed costs for feeders.
wlj.netAnna Miller FortozoFeb 28, 2025Not 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.
