Loading…
Live cattle were mostly higher and feeder cattle higher ahead of the USDA On Feed report, supported by a stronger cash trade. Live cash deals in the South were at $171, $1 above the prior week, and dressed deals in Nebraska reached $271.
Firmer cash cattle prices and steady feeder demand support the feeder and live cattle complex. The move is routine market commentary without a new supply or demand shock.
brownfieldagnews.comMeghan GrebnerDec 22, 2023Not 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.
