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CME live cattle futures fell to their lowest in over a month on March 1, 2022, as beef prices weakened and traders reduced risk amid the Russia-Ukraine conflict. Feeder cattle hit their lowest since November and lean hogs slumped, with stock market losses adding pressure.
Lower cattle futures reduce feeder margins and signal weaker demand for feed as producers cut risk, while rising corn and wheat costs squeeze feedlot economics.
thecattlesite.comGlobal Ag MediaMar 1, 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.
