Loading…
Wisconsin livestock specialist Jeff Swenson reports feedlots pressing for higher bids, with harvest volume at 664,000 head the prior week. The USDA called cash cattle $1.30/cwt higher, while weather, world news and grain prices pressured feeder cattle.
August beef exports reached 133,832 metric tons, the second-largest volume on record.
Firm cash fed cattle and strong beef exports support live cattle prices, while higher grain costs weigh on feeder values and packer margins.
midwestfarmreport.comPam JahnkeOct 17, 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.
