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Live cattle were mixed and feeders mostly lower on May 24 ahead of the On Feed report, which came in close to estimates. Southern live cattle deals were at $187, up $1 on the prior week.
Routine pre-report trading with little new cause, so price impact for feed buyers is minimal.
brownfieldagnews.comMeghan GrebnerMay 24, 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.
