Loading…
Live cattle futures rose over the holiday-shortened week, with June live cattle at $133.62 and August at $134.12. Cash trade was about $2 lower than the prior week, with live steers averaging $137.35 and dressed steers $221.98.
Futures recovering toward cash and firm export demand support cattle values, though record feedlot inventories limit upside.
wlj.netAnna Miller FortozoJun 3, 2022Not 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.
