Loading…
CME live cattle were mixed and feeders mostly lower on August 25 as traders adjusted spreads and watched corn. October live cattle closed $1.40 lower at $130.30 while August feeders rose $0.72 to $159.30.
Direct cash cattle trade was slow, with Texas deals at $120-122 live and Nebraska and Iowa dressed trades at $200-208.
Slow cash trade and a standoff between buyers and sellers leave cattle prices range-bound, with corn movements influencing feeder spreads.
brownfieldagnews.comMeghan GrebnerAug 25, 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.
