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Cash cattle traded mostly at $114-115 live and $175 dressed in the early week, with asking prices near $118 in the South. Choice boxed beef was lower in the morning report and Missouri feeder cattle receipts were the largest of the year.
Lower boxed beef and heavy feeder receipts weigh on cattle prices, although asking prices above $118 signal the market is holding firm.
brownfieldagnews.comDec 2, 2016Not 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.
