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CME feeder cattle futures traded higher as fundamentals kept buyers active, with the CME Feeder Cattle Index rallying $7.07 to $259.38. Feeder supplies were described as thin heading into year end.
Thin feeder supply and strong demand keep feeder cattle prices firm, which supports demand for feed from cattle feeders.
dtnpf.comShayLe StewartDec 4, 2024Not 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.
