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February live cattle closed $0.25 higher at $156.35 and January feeder cattle closed $0.57 higher at $184.22. Lean hog futures closed higher, with February hogs up $0.87 at $84.57, supported by sharply higher pork values.
Choice boxed beef closed $2.07 lower at $254.95.
Firmer pork values support hog futures, while lower boxed beef on light demand limits gains in cattle, keeping the complex mixed.
brownfieldagnews.comMeghan GrebnerDec 13, 2022Not 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.
