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CME October live cattle closed $0.12 higher at $144.37 and October feeder cattle rose $0.45 to $184.40 as corn moved lower. Cash deals in the South were near $141 and Nebraska steers sold at $190-198 for medium and large feeder steers.
Lower corn futures supported feeder cattle values, lowering feeding costs and encouraging restocking demand for feed grains.
brownfieldagnews.comMeghan GrebnerSep 8, 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.
