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US boxed beef values traded in a sideways pattern, with Choice closing down 1.04 and Select down 1.25 from the prior week. Cattle receipts were 553K head, 18K more than last week and 13K less than a year ago.
Steady beef values and modest supply changes suggest stable cattle demand, with limited direct impact on feed-grain prices.
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.