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The weekly analysis says cattle cash markets weakened as softer beef prices and heavier cattle weighed on the market. It also points to falling pork prices and grocery-store markdowns as competing pressure while retail beef prices remain high.
Weaker beef prices and heavier cattle add selling pressure, while cheaper pork could shift consumer demand away from beef; these factors weigh on cattle prices.
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.