Cattle Markets Rally, Feeder Cattle Futures Surge
Update: 2025-11-28
Description
Live cattle futures surged on Wednesday, with open interest slightly increasing, indicating a rotation of ownership. Cash trade in the northern regions showed prices ranging from two hundred eight to two hundred ten dollars for live cattle and three hundred thirty dollars for dressed cattle. Feeder cattle futures also rallied, but open interest decreased. Wholesale boxed beef prices were lower, with the Choice-Select spread narrowing. The estimated cattle slaughter for Wednesday was one hundred twenty-four thousand head, bringing the weeks total to three hundred sixty-nine thousand, slightly above last week but below the same week last year.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
