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USDA mandatory reports showed live cattle sales at about $119, roughly $3 lower than the prior week, with moderate demand across the Plains. Boxed beef cutout values rose and the Fed Cattle Exchange averaged $118.82.
Lower cash cattle trade pressures futures, and sluggish feeder demand weakens the feed-grain outlook for finishing operations.
brownfieldagnews.comFeb 1, 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.
