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Live and feeder cattle futures rose $2 to $4.70 per hundredweight midday on Friday, with the CME Feeder Cattle Index up to $333.92. Wholesale Choice boxed beef fell $1.75 and weekly federally inspected slaughter ran about 36,500 head below the same week last year.
Tighter slaughter supplies relative to last year support cattle prices, while lower boxed beef values limit packer margins; this is routine market commentary describing price moves.
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.