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Cattle futures closed mostly lower on September 20 in light trade ahead of the Cattle on Feed report, with October live cattle down $0.65 to $112.45. Feeder cattle were pressured by higher corn prices, and cash bids were $108 to $109 live.
Routine market commentary; higher corn prices raise feedlot costs and pressure feeder cattle demand, though no new supply shock is reported.
brownfieldagnews.comMeghan GrebnerSep 20, 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.
