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A December 10 cattle market commentary reports slightly higher fed cattle prices and a surge in feeder cattle values tied to favorable weather and border issues. January feeder futures fell, and large speculative long positions were flagged as a downside risk.
Beef production held steady and cow slaughter was sharply lower.
Mixed signals from fed and feeder cattle, plus the risk of liquidation from large long positions, leave price direction uncertain for feeder cattle buyers.
beefmagazine.comTrey Freeman Livestock Advisor, Ever.AgJan 1, 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.
