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Live cattle futures were mixed on February 1, with February live cattle down 17 cents and April down 15 cents. Boxed beef prices were rising and cash cattle prices were moving higher, while USDA cash and boxed beef reports were delayed by technical problems.
Rising cutout and cash prices support live cattle, while corn firmness pressures feeder contracts through feed costs.
wlj.netAnna Miller FortozoFeb 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.
