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Live and feeder cattle futures closed lower, pressured by technical selling and weaker cash trade. Southern live cattle deals were mostly $218 per hundredweight, down $6 from the previous week’s weighted average; dressed prices also fell.
Lower cash prices and selling pressure weigh on cattle futures, signaling softer near-term value for live and feeder cattle.
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.