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Hog futures closed lower on supply concerns, and feeder cattle fell as corn rose. Direct cash cattle trade was light, with a few Nebraska deals at $197 dressed.
Boxed beef closed lower on light demand and moderate offerings.
Supply pressure on hogs and softer cattle bids weigh on livestock prices, while firmer corn adds cost pressure for feeders.
brownfieldagnews.comMeghan GrebnerJan 11, 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.
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.
