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Cash fed cattle prices were mostly $1 higher in the week ending December 6, 2019, with Southern Plains live cattle at $119/cwt and western Corn Belt at $118-119. Calf and feeder prices were supported by stronger fed cattle prices, though feeder futures closed about $1 lower week over week.
Firmer cash fed cattle and positive closeout margins support feeder cattle values into coming months, with analysts eyeing $120 cash as a threshold for spring optimism.
cattlecurrent.comWLIDec 15, 2019Not 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.
