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DTN analyst ShayLe Stewart writes a column for cattlemen who have not yet sold their 2024 calf crop, noting feeder and fed cattle prices have hit record highs this year. The piece says the feeder cattle market peaked in early July and has declined since August.
A tight US beef cow herd keeps feeder supplies scarce, supporting high feeder cattle prices even as the market softens from its summer peak.
dtnpf.comShayLe StewartSep 30, 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.
