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Calf, feeder and fed cattle prices declined as cattle numbers increased and buyers remained uncertain. Steers and heifers traded mostly $2-$10 per cwt lower, and cash fed cattle fell to $101-$104 per cwt live.
Larger cattle supplies and buyer hesitancy push down feeder and fed cattle values, squeezing feedlot margins and reducing demand for calves.
beefmagazine.comWes IshmaelSep 30, 2016Not 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.
