Loading…

December live cattle and November feeder cattle fell to multi-week lows, each losing about $10 on the week. Weaker cash cattle prices, with steers averaging $223.95 versus $227.06 the prior week, and a broad US stock selloff weighed on futures, while rising Mexican cattle imports eased tight supplies.
Lower cattle prices and softer packer demand reduce cattle feeding returns, which can trim demand for corn and other feed ingredients.
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.