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Feeder cattle volumes at test auctions nearly tripled to 34,600 head, with yearlings up $2-5 and calves up to $9 higher. Slaughter cow prices were mixed, with wide swings in cow meat prices.
Better bidding on heavier volumes and improved hedging from the CME rally support feeder cattle prices into fall marketing.
beefmagazine.comEd CzerwienSep 14, 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.
