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Feeder cattle prices in Colorado, Wyoming, Montana and Utah are strong at high-$170s to mid-$180s for 6-7 cwt steers, down from mid-July peaks. Nebraska and Missouri are stronger, reaching high-$180s to mid-$200s, while the fall calf run gets underway.
Feeder prices have slipped from summer peaks as harvest corn rallied over $1 per bushel, raising feeding costs and pressuring feeder cattle demand for feed buyers.
beefmagazine.comSep 22, 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.
