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June live cattle rallied on March 29, 2022, following news of US beef production declines. Grain futures fell that day, with May corn down 22 cents and Kansas City HRW wheat down 46 cents.
Tighter beef supply supports cattle prices and reduces forward demand pressure on feed grains, while broad grain weakness reflects lower trading interest.
aginfo.netMar 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.
