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Live cattle futures closed mixed on October 13, with October live cattle up $0.47 and December down $0.15. Feeder cattle contracts gained, and boxed beef cutout rose on light to moderate demand.
Cash trade was quiet after the prior Thursday's business.
Higher cutout values and firm feeder futures support cattle prices, but low trade volume limits the strength of the move.
brownfieldagnews.comMeghan GrebnerOct 13, 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.
