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Live cattle and cutout values declined last week while cash fed cattle held steady to slightly higher at $105 live. Feeder cattle prices were up, and October live cattle futures settled at $106.92.
Cash fed trade holding firm while futures fall narrows the basis, and feeder strength reflects tight supplies of feeder cattle, which supports feeder pricing.
wlj.netKerry Halladay, WLJ Managing EditorSep 18, 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.
