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Weekly cattle report says showlists were larger than the prior week, except in Nebraska, and slaughter was estimated at 117,000 head. CME live cattle contracts settled slightly lower and feeder cattle mixed.
Rising showlist numbers and steady slaughter add near-term supply, leaning mildly bearish for cattle futures and feeder prices.
brownfieldagnews.comJan 3, 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.
