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Live cattle and feeder cattle closed higher on September 17, while Chicago lean hog futures came under pressure from supply concerns. Boxed beef closed lower on light to moderate demand and heavy offerings.
Ample hog supply weighs on futures, and weaker beef demand signals softer protein demand overall.
brownfieldagnews.comMeghan GrebnerSep 17, 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.
