Loading…
Lean hog futures closed sharply lower on June 4 on technical weakness and doubts about sustained domestic demand. Live cattle fell and feeder cattle slipped, while boxed beef closed higher on good demand.
Concerns about domestic demand pressure hog values, and softer cattle futures reflect cautious sentiment in the livestock complex.
brownfieldagnews.comBrent BarnettJun 4, 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.
