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Live cattle futures and cash liveweights have traded above $2 per pound, with strong Nebraska and Iowa-Minnesota markets. Professor Stephen Koontz says tight supplies persist with no evidence of herd rebuilding, and carcass weights remain heavy at around 962 pounds per steer.
Persistent tight supply and heavy carcass weights keep cattle prices firm, with lower corn prices supporting longer feeding periods and heavier finished weights.
u.osu.eduSmith atFeb 12, 2025Not 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.
