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Live and feeder cattle futures closed mixed on September 27. October live cattle fell $0.35 to $183.75, while October feeders rose $0.15 to $247.07.
Cash cattle trade was quiet, with live deals at mostly $185, $2 higher than the prior week.
Cash cattle firmness supports live cattle, but mixed futures and quiet trade leave the near-term direction unclear for feeder and fed cattle buyers.
brownfieldagnews.comMeghan GrebnerSep 27, 2024Not 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.
