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The weekly market wrap shows that from Friday to Friday, August live cattle fell $0.93 and feeder cattle fell about $2.97, while August lean hogs rose $1.95. September corn gained 52 cents and December corn rose 56 cents.
Soybeans and wheat also closed the week mixed.
Cattle weakness with firmer hogs and corn reflects routine weekly moves, and corn strength raises feed costs for buyers. Markets expected renewed livestock pressure the following week.
keyagdashboardreport.blogspot.comJul 29, 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.
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.
