Loading…
Live cattle futures closed mostly higher on Wednesday, with December down 22 cents, while feeder cattle rose about 15 cents. Boxed beef prices fell, with Choice down $2.72, and federally inspected slaughter was 107,000 head for the day.
Lower boxed beef values and slaughter running below last year point to mixed signals on beef demand and supply. Feeder prices are supported by the feeder index climbing to $330.61.
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.