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CME live cattle and feeder cattle futures slipped on Thursday, while lean hog futures were mixed with June up 20 cents at $93.97. Cash cattle traded at $186, down $1 from the prior week.
Boxed beef Choice rose 42 cents to $314.04.
Routine price moves in cattle and hogs with no new fundamental driver, so impact on feed demand is limited.
brownfieldagnews.comBrent BarnettMay 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.
