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Cash fed cattle traded steady to $3 higher at $120-$121/cwt live in the week ending December 1, while feeder futures fell about $2.91 on average. Choice boxed beef fell $5 to $205.99 as demand from international and domestic buyers stayed firm.
Steady cash cattle with lower futures and softer beef values points to mixed feedlot economics and little change in feed demand.
cattlecurrent.comWLIDec 4, 2017Not 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.
