Loading…
University of Nebraska-Lincoln economist Elliott Dennis explains that feeder cattle prices have varied widely this summer amid strong retail beef demand and exports. Drought has pushed feeder and cull cows to market early, and lower corn prices have reduced feedlot demand for feeders.
He recommends using video auctions and CME futures to price fall feeder sales.
Rising feeder supply combined with weaker feedlot demand points to lower feeder cattle prices into fall, a consideration for buyers pricing cattle-feed and feeding programs.
wylr.netOct 1, 2021Not 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.
