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Cattle showlists were larger this week, with initial asking prices around 125 in the South and 200 in the North. Live cattle futures lost 0.10 to 0.40 and feeder cattle were flat to 0.60 lower, while lean hogs were mixed.
Larger showlists and weak live cattle futures point to softer cattle supply pricing, which may dampen feedlot demand for feed inputs.
brownfieldagnews.comJan 23, 2017Not enough comparable past events yet for a historical read.
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.
