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Live cattle futures closed higher on January 10, with February at $127.42 and January feeders at $147.60. Cash trade was reported at $200 dressed in the North, and bids remained below asking prices.
Missouri feeder demand was good to very good on heavy supply.
Higher futures and firm feeder demand support cattle values and feeding economics, which helps sustain feed purchases.
brownfieldagnews.comMeghan GrebnerJan 11, 2020Not 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.
