Loading…
Live cattle prices rose from $196 to $202 and dressed prices from $312 to $320 between January 3 and mid-January 2025, both setting records. The CME feeder cattle index reached $278.31, a level never previously recorded, amid strong feeder demand.
A sharp two-week rally to record levels, driven by tight cattle supplies and firm beef demand, raises feedlot input costs and reinforces bullish cattle price expectations.
dtnpf.comShayLe StewartJan 19, 2025Not 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.
