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Live and feeder cattle futures closed higher on August 30, supported by firmer boxed beef values. Lean hog futures were also higher, and scattered direct cash cattle trade came in at $182-$183 live, steady to $1 lower.
Stronger boxed beef and futures support cattle and hog prices at the end of the week. Higher livestock values can support feeding margins for livestock producers.
brownfieldagnews.comMeghan GrebnerAug 30, 2024Not 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.
