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November feeder cattle closed up $6.23 week-over-week at $348.13 per cwt. December live cattle closed October 23 at $231.13, up $2.78 on the week.
Corn prices fell to three-month lows on harvest pressure.
Lower corn prices reduce feed costs for cattle feeders, which supports feeder and live cattle values, though the rise in cattle prices shows strong underlying demand.
Not 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.