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Live cattle futures closed lower on July 31 while feeder cattle were mixed, with August live cattle at $178.05 and boxed beef mixed. Cash trade was quiet and showlists were mixed as extreme heat reduced offerings.
Lower cash cattle and softer boxed beef weigh on cattle futures, while tight feeder supply supports feeder prices.
brownfieldagnews.comMeghan GrebnerJul 31, 2023Not enough comparable past events yet for a historical read.
Not 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.
