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On May 24, 2021, June live cattle closed $0.92 lower at $116.75 and May feeder cattle fell $0.95 to $136.27. Lean hog futures also ended lower, and Choice boxed beef rose $2.66 to $327.83.
Profit-taking and lower corn helped pressure futures, while steady boxed beef and firm feeder prices offered support. Cash trade was quiet at the start of the week.
brownfieldagnews.comMeghan GrebnerMay 24, 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.
