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Hog and live cattle futures fell on weak wholesale values and softer cash trade. Feeder cattle found some support from a weaker move in nearby corn contracts.
Trade-talk worries and weaker meat values reduce livestock demand for feed, while cheaper corn gives feeders some relief.
brownfieldagnews.comMeghan GrebnerJun 3, 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.
