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An Oklahoma State economist says feeder auction prices jumped and cull cow prices have risen each week this year. He expects fed cattle and boxed beef to move higher as feedlot inventories and slaughter tighten.
Tightening feedlot supplies and falling beef production point to firmer cattle prices, which raises finishing costs and supports demand for feed.
oklahomafarmreport.comSpencer AndersonFeb 13, 2023Not 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.
