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US live cattle futures rose on April 30 while feeder cattle fell as higher corn prices lifted feed costs. Packers retained the upper hand, with beef cutouts gaining.
Rising corn costs push feeders to sell market-ready cattle, weighing on feeder futures while packer margins support fed cattle.
thecattlesite.comGlobal Ag MediaJun 1, 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.
