Loading…
Live cattle closed lower on the CME, with October live cattle down $2.72 to $124.50 and December down $1.25 to $130.32. Feeder cattle were mixed, and cash cattle trade was quiet after moderate activity earlier in the week.
Lower live and feeder cattle prices, partly tied to higher corn costs, weigh on cattle feeding margins and reduce demand for feed grains.
brownfieldagnews.comMeghan GrebnerOct 28, 2021Not 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.
