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Cash cattle trade was slow on March 30, with a few sales in Texas at 128.00, $2 lower than the prior week. Boxed beef cutout fell on light demand, and live and feeder cattle futures settled lower on month-end position squaring.
Softer cash trade and lower boxed beef values pressure live and feeder cattle futures, particularly deferred contracts.
brownfieldagnews.comMar 30, 2017Not 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.
