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Cattle futures closed higher at the CME on September 21, with October live cattle up $0.62 and feeder cattle higher ahead of the Cattle on Feed report. Cash cattle trade was light, with live deals near $111 and dressed bids at $174 to $175.
Routine cattle market commentary with no new supply shock; feed grain costs and cattle-on-feed numbers are the main factors for feeder demand.
brownfieldagnews.comMeghan GrebnerSep 21, 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.
