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Live and feeder cattle futures ended lower on August 24, pressured by the Friday On Feed numbers and a higher corn move. Feeder steers and heifers traded $3 to $5 lower at the Oklahoma National Stockyards.
Bearish On Feed data and higher corn costs weigh on feeder cattle values and feedlot margins, which in turn reduces feeder demand.
brownfieldagnews.comMeghan GrebnerAug 24, 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.
