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Fed cattle prices gained about $25 from mid-September lows into early January, with the cash market ending 2019 on firm footing. Choice boxed beef cutout had eased from about $240 to near $210 after holiday buying ended.
Steady packer demand for cattle and a seasonal rebound expected in wholesale beef support live cattle prices heading into spring.
beefmagazine.comNevil SpeerJan 9, 2020Not 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.
