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Manitoba calf prices are reported 30 to 50 cents per pound above last year, the best season since 2015. Producers remain reluctant to rebuild herds after drought in 2021 and a tough winter and spring.
Higher cattle prices reflect tight supply, but slow herd rebuilding keeps feeder cattle supplies limited and supports prices.
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.