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Midday cash livestock trade on January 3 was quiet as buyers and sellers took inventory after the holiday. Live cash deals were mostly at $138, up $3 from the prior week, and Choice boxed beef was $0.88 higher at $266.14.
Firm cash cattle and boxed beef prices signal solid packer demand for fed cattle, supporting live cattle values into the new year.
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.