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US live cattle futures fell on May 4 as ample supplies and steady slaughter weighed on prices. Choice boxed beef cutouts rose while cash cattle lagged, widening the disconnect.
Heavy cattle supplies and packer leverage pressure live and feeder cattle futures even as beef values firm.
thecattlesite.comGlobal Ag MediaMay 4, 2021Not 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.
