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Feeder cattle sales volumes rose as the strong market encouraged producers to sell, with the CME Feeder Index reaching record levels. Auction data cited in the article shows feeder calf and yearling prices and the USDA cattle inventory context.
Higher feeder sales volumes add near-term supply but the record price environment points to continued firm feeder cattle values for feedlot buyers.
agupdate.comBenjamin HerroldJan 1, 2025Not 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.
