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Live cattle futures were mixed in the week after a bearish Cattle on Feed report, and cash trade sold steady to lower. Live steers traded from $181 to $184 and dressed steers averaged $290.
A weaker cash market after a bearish government report signals softer near-term fed cattle prices for feedlot buyers.
wlj.netAnna Miller FortozoMar 1, 2024Not 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.
