Loading…
CME live cattle closed higher on May 23, 2022, with June up $1.20 to $132.77 and August feeder cattle up $1.70 to $165.62. Oklahoma feeder steers traded $2 to $4 lower, and Choice boxed beef rose $2.11 to $264.28.
Firm futures and boxed beef support cattle prices, while lower auction feeder prices point to softer cash feeder values.
brownfieldagnews.comMeghan GrebnerMay 23, 2022Not 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.
