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A weekly futures commentary says live and feeder cattle rose the most among US commodity markets, with US cattle supplies at their lowest in 75 years. Cattle for December delivery rose from $2 to $2.21 per pound this week, and gold slipped below $4,000 as interest rates and the dollar rose.
Tight US cattle supplies and herd-rebuilding reluctance keep cattle prices firm, which raises feed demand from cattle operations; the rising dollar and rate expectations weigh on other commodities.
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.