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Live cattle futures firmed at the CME ahead of widespread cash trade, and feeder cattle closed mixed to higher. Cash cattle trade remained at a standstill with few bids.
The article reports lean hog futures rising on demand hopes.
Hopes for stronger pork demand lift hog futures, supported by firm wholesale values. Cattle prices reflect routine pre-trade positioning.
brownfieldagnews.comMeghan GrebnerOct 15, 2019Not enough comparable past events yet for a historical read.
Not 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.
