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Western Canadian feeder cattle prices were mostly steady, but lighter calves and grass cattle fell $4 to $10. Rising feed grain costs and poor weather hit feedlot margins, and buyers were cautious.
Higher feed grain costs squeeze feedlot margins, which lowers the prices feedlots will pay for feeder cattle and cuts demand for feed.
country-guide.caJerry KlassenApr 3, 2018Not 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.
