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Calves and feeder cattle sold $2 lower to $2 higher in the week ending October 26, 2018, as auction receipts rose to their largest since January during the fall run. Transportation shortages stalled some calf demand, and negotiated fed cattle gained $3-$4 to $114-$115/cwt live.
Stronger fed cattle cash prices support live and feeder cattle futures, while tight trucking and heavy calf supply weigh on feeder demand and feed-buying plans for stockers.
cattlecurrent.comWLIOct 28, 2018Not 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.
