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CME live cattle futures closed modestly higher ahead of direct cash business, with October at $113.45 and December at $118.85. Feeder cattle gained on a lower corn move, and direct cash trade cleared at about $111 live in key states.
Lower corn costs add modest support to feeder values, while steady cash trade signals firm fed cattle demand for feed buyers.
brownfieldagnews.comSep 28, 2018Not 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.
