Loading…
CME live and feeder cattle futures closed lower on May 17 as cash cattle trade was weaker, with live cash deals in the South at $138, down $2 from the prior week. Feeder cattle also fell, though some auction calf and feeder prices firmed.
Lower cash trade pressures futures, indicating softer near-term fed cattle values that feed into feeder cattle pricing.
brownfieldagnews.comMeghan GrebnerMay 17, 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.
