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Cash cattle and hogs were steady at the start of the week, and live and feeder cattle futures were expected to open mixed. Lean hog futures were also seen opening mixed, with nearby contracts under more pressure than deferred ones after a record early-fall slaughter of 2.534 million head.
Record hog slaughter weighs on pork demand and pressures the hog complex, which can reduce demand for feed in hog finishing. The morning futures commentary describes routine moves without a new fundamental cause.
dtnpf.comOct 2, 2017Not 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.
