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Live cattle closed mostly lower and feeder cattle mostly higher on June 17, with August live cattle at $182.80 and August feeders at $261.32. Oklahoma National Stockyards feeder steers traded $4 to $9 higher, and lean hogs rallied on short covering.
Mixed cattle futures and firm feeder cash trade reflect routine positioning ahead of the Cattle on Feed report, with no new supply shock.
brownfieldagnews.comMeghan GrebnerJun 17, 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.
