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Agweek reports cattle markets have rebounded and remain strong going into fall, with the US cow herd at its lowest in 73 years and prices just below record highs. Analysts note heavier carcass weights offset lost headcount, and fall calf pressure has been manageable.
A shrinking cow herd and strong cattle prices support sustained cattle demand for feed, though heavier animals raise feed consumption per head.
agweek.comAriana Schumacher, Kennedy TeschNov 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.
