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Cash livestock markets were quiet on Tuesday with live steers expected around 108.00 or better. Feeder calf auctions in Nebraska and Iowa reported higher prices, with 675-pound steer calves at 123.77 and 828-pound steers at 131.82.
Choice boxed beef was up 1.10 and national hogs were down 0.44.
Firm feeder and cutout prices support livestock values and feedlot demand for grain. Routine daily moves offer little new supply or demand information.
brownfieldagnews.comNov 1, 2016Not enough comparable past events yet for a historical read.
Not 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.
