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Direct cash cattle trade was slow on December 23, 2022, with bids at $156 to $158 live in Nebraska and $155 in Colorado. Boxed beef Choice rose $6.32 to $172.53 at midday, and Lonestar feeder steers were mostly $2 to $4 higher.
Firm cash cattle and strong boxed beef support feeder and live cattle values heading into the new year, which raises the cost of finishing cattle for feeders buying feed.
brownfieldagnews.comMeghan GrebnerDec 23, 2022Not 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.
