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Cattle trade was quiet on Friday ahead of the Thanksgiving holiday, with boxed beef steady to firm and live cattle contracts mixed. DTN expects feedlots to push showlist prices higher when trade resumes Monday, and weekly slaughter was estimated at 629,000 head.
Firm boxed beef and expected higher showlist prices support live cattle values heading into the next week. Holiday-thinned trade could keep markets sluggish through late November.
brownfieldagnews.comNov 18, 2016Not 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.
