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Live cattle closed mixed on Thursday, with August lives higher and October lower, while feeder cattle rallied sharply on a lower move in corn. Boxed beef closed lower on light demand.
Lower corn prices reduce feeding costs and support feeder cattle values, while weak boxed beef demand limits gains in fed cattle.
brownfieldagnews.comMeghan GrebnerJun 30, 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.
