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Live cattle futures closed mostly lower on December 2 in limited trade, with December live cattle down $0.45 at $120.75 and January feeders down $0.12 at $142.15. Direct cash trade was quiet, with a few Iowa deals at $187 dressed.
Routine futures and cash moves with no new fundamental driver; feeder and fed cattle values remain near recent levels for buyers.
brownfieldagnews.comMeghan GrebnerDec 2, 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.
