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Cash cattle trade was largely absent on October 30, with only a handful of sales reported in Iowa at $183.00. The Choice cutout was $203.02, down $0.28, while the Select cutout gained $1.16.
Live cattle trade was at a standstill in most regions.
Thin cash trade and mixed cutout moves give little clear direction for live cattle prices, though the firm cutout supports the market.
greatamericancrop.comOct 30, 2017Not 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.
