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CME live cattle futures fell on Tuesday as weak packer demand and a standstill in cash cattle trade pressured prices. Feeder cattle futures rose as feed grain prices eased, and lean hogs also declined on seasonal supply pressure.
Light packer demand weighs on fed cattle prices, while lower feed grain costs support feeder cattle values, so buyers see mixed pressure across the livestock complex.
agcanada.comAGCanadaSep 21, 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.
