Loading…
Live cattle futures rose, with April live cattle up 55 cents to $120.10 and June up 70 cents to $121.77. Feeder cattle contracts also gained, with March feeders up 90 cents and April up 75 cents, while May corn gained 6 cents to $5.52.
Rising cattle futures reflect firm beef demand and tight supplies, which supports feeder demand for grain and meal over time.
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.
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.
