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North Dakota State Extension's Tim Petry explains that CME live and feeder cattle futures have been volatile while cash and futures prices hit record highs in 2024. He lists uncertainties including beef demand, interest rates, geopolitics, elections and weather affecting feed grains.
Feeder and fed cattle demand for feed depends on volatile futures and weather-driven feed prices, so price uncertainty can affect feed buying decisions.
angus.orgOct 1, 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.
