Loading…
Cattle futures closed mixed on April 2, with June live cattle up $1.05 at $176.37 and May feeder cattle up $2.17 at $244.85. Direct cash trade was quiet, and Choice boxed beef closed $1.58 lower, with estimated weekly slaughter down about 5,000 head.
Routine price commentary with modest moves; lower boxed beef and reduced slaughter offer mixed signals for live cattle demand.
brownfieldagnews.comMeghan GrebnerApr 2, 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.
