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Northern Plains feeder calf auctions continue to bring $200-plus per hundredweight this fall while southern U.S. values have eased. An economist attributes the north-south spread to several years of smaller calf crops and feed pressure.
Tighter calf supply supports feeder cattle values, while regional price gaps signal where cattle are being bought and placed, which affects feed demand in each area.
rrfn.comDon WickNov 21, 2022Not 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.
