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Calf and feeder cattle prices jumped over the past month, with 400-500 lb calves up about $30/cwt in the Southern Plains. Rain, fewer calves reaching market, and new import restrictions on Mexican cattle over screwworm are cited as drivers.
Tighter feeder supplies and rain-boosted stocker demand push calf and feeder costs higher, raising input costs for feedlots and feed buyers.
u.osu.eduSmith atDec 4, 2024Not 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.
