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Live cattle and feeder cattle futures closed higher on news of trade progress with Mexico, lighter steer weights, and a cash trade that held up better than expected. Cash cattle deals were reported around $113 to $114 live.
Firmer cattle prices on expected demand improvements support feedlot margins and feed buying, though the move is a routine daily market wrap.
brownfieldagnews.comMeghan GrebnerJun 10, 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.
