Following Monday’s lock limit lower close, expanded limits were in effect but not utilized as markets finished mixed. February Live Cattle futures settled slightly lower, while deferred contracts and January Feeder Cattle futures posted gains. Lean Hog futures saw mixed action, with the February contract slipping to 79.00. Wholesale boxed beef prices firmed significantly, with Choice up 2.56 and Select up 3.46. Meanwhile, cash cattle prices softened, and volatility metrics retreated from recent highs.
Learn More: https://www.cmegroup.com/markets/agriculture.html
#cattle #livestock #futures
Learn More: https://www.cmegroup.com/markets/agriculture.html
#cattle #livestock #futures