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Cattle producers face the highest gross returns per head since 2014 as lower cattle numbers push prices up. Rising feed and input costs, including high-priced corn and hay, are narrowing profit margins for many operations.
Higher cattle values and tight supplies support fed and feeder prices, while elevated corn and hay costs underline feed demand pressures for feedlots.
tsln.comRuth WiechmannJul 28, 2023Not enough comparable past events yet for a historical read.
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.
