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Feeder market prices are strong, with the best cattle prices since 2015 according to NDSU economist Tim Petry. Feeder cattle averaged about $125 per hundredweight in 2021 and fundamentals are improving on solid export and domestic demand.
Strong feeder prices reflect tight supplies and firm demand, which raises the cost of feeder inputs for buyers and supports the outlook for higher cattle values through 2025.
agupdate.comSUE ROESLER, Farm & Ranch GuideApr 13, 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.
