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Cattle futures closed higher on Friday, Oct. 27, but were lower week to week.
Negotiated cash fed cattle traded at steady to lower prices in most regions, and boxed beef cutout values rose.
Lower week-over-week futures and softer cash trade point to continued pressure on feeder and live cattle values, partly offset by firmer boxed beef demand.
cattlecurrent.comWLIOct 29, 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.
