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Cattle futures held the prior week's gains while cash calf and feeder prices rose on improving fall forage and wheat pasture prospects. Steers gained $1-$6 per cwt and ERS revised its feeder price outlook modestly higher.
Stronger grazing prospects and firmer feeder cash prices raise input costs for feedlots heading into fall placements.
beefmagazine.comWes IshmaelSep 22, 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.
