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Beef Magazine discusses options for producers holding calves through a weak market after feeder futures fell over $4 following the Russian invasion of Ukraine on February 24. Corn and wheat rose over $0.50 per bushel, with wheat futures above $9.
Producers retaining calves on grazeout wheat or using price locks reduces near-term feeder supply and shifts feed demand, while elevated grain prices raise the cost of holding cattle.
beefmagazine.comMar 1, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
