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Live and feeder cattle closed higher at the CME on 29 September, supported by higher boxed beef prices. Feeder steer and heifer auction prices were mixed, and direct cash trade had not yet begun in earnest.
Firmer cattle values support feeder cattle demand, which affects demand for feed grains and protein in feedlots.
brownfieldagnews.comMeghan GrebnerSep 30, 2020Not 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.
