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CME futures show a $2-3/cwt premium for later delivery months, with Jan 2022 at $158.90 and Apr 2022 at $163.38. An extension analysis walks through a value-of-gain versus cost-of-gain framework for deciding whether to retain calves at weaning.
Deferred futures premiums encourage producers to hold cattle longer, which tightens near-term feeder supplies while adding feed demand.
u.osu.eduSmith atNov 10, 2021Not 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.
