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A Mississippi State University analysis republished by Beef Magazine says feeder cattle futures rallied in September and October to recover much of August's decline. The January 2025 contract rose about $15/cwt from early September but remained below its earlier 2024 highs.
The article explains seasonal auction price patterns and the link between futures and the CME Feeder Cattle Index.
The analysis helps buyers read seasonal feeder cattle pricing, but it does not report a new driver of supply or demand.
beefmagazine.comBeef MagazineDec 1, 2024Not 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.
