Loading…
Nearby live cattle futures rose for a second day on expectations of steady-to-higher cash prices, with packers bidding $111-$112 per cwt. Feedlots moved cattle to market early, potentially tightening supplies.
Lean hog futures slipped on softer cash prices and profit-taking after three days of gains.
Tighter cattle supply supports cash cattle prices, while softer hog cash prices weigh on pork-sector feed demand.
grainews.caGFM Network NewsOct 27, 2017Not 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.
