Loading…
Direct cash cattle trade started quietly on December 2, with northern dressed deals at $186 to $188 and southern live business at $117 to $119. Boxed beef was firm to sharply higher, with Choice up $1.97 at $234.09 and Select up $0.40.
Firm boxed beef and cash prices support fed cattle values, though the thin early trade means price discovery is still developing.
brownfieldagnews.comMeghan GrebnerDec 2, 2019Not 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.
