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Feeder cattle prices gained on the Aug. 31 session as weaker feed prices supported buying.
September feeders rose about $0.52 to near 168.95, while October live cattle fell $0.80. December corn and Kansas City wheat also closed lower.
Lower feed grain prices reduce feeding costs and support feeder cattle demand. Day-to-day moves here are routine and carry little new supply information.
aginfo.netAug 31, 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.
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.
