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Oklahoma cattle trader Bob Rodenberger says the cow market has become considerably cheaper due to seasonal factors and thinner cows. He reports the feeder market was slightly higher and southern fat cattle sold $2 to $3 higher than expected.
Seasonal weakness in cull cow prices is typical in fall, while firm fed and feeder prices reflect tight supplies supporting the complex.
Not 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.