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Alberta fed cattle basis is strong for the second quarter of 2023. A columnist advises cow-calf producers on timing calf sales given a large futures carry from January to August 2023.
A wide carry in feeder futures signals rising deferred prices, so holding calves longer can be more profitable, which tightens near-term feeder supply.
grainews.caJerry KlassenFeb 2, 2023Not 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.
