Loading…
Live and feeder cattle futures rebounded after hitting new lows, with February live cattle up about 2.6% and feeder cattle gaining 3.1% to 3.6%. Wholesale boxed beef prices fell, with Choice down 78 cents, and Monday slaughter was 123,000 head.
A routine technical bounce after a sell-off, with weaker boxed beef limiting upside; the price direction for cattle is mixed.
barchart.comAlan BruglerNov 28, 2023Not 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.
