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Hog futures rebounded from oversold levels, while live and feeder cattle closed mostly lower on position squaring ahead of a USDA report. Corn moved mostly steady to firm that day.
Cash cattle bids were $115-117 live and $184 dressed.
Routine price moves with no new supply or demand shock. Firmer corn adds slight cost pressure to feeding margins.
brownfieldagnews.comMeghan GrebnerNov 21, 2019Not 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.
