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Live cattle and feeder cattle closed mixed at the CME on spread adjustments, while boxed beef fell on light demand and heavy offerings. Cash cattle traded steady at $119 live in Kansas and Texas.
Hog futures rose on demand potential.
Routine price moves show steady cash cattle and softer boxed beef, with hogs firmer on demand hopes, so no major shift in supply or demand is evident.
brownfieldagnews.comMeghan GrebnerDec 12, 2019Not 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.
