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CattleFax analyst Good said rising beef exports and demand are tightening beef supply and pushing prices higher. He credited improved grading, with Prime and Choice shares rising, and noted growing numbers of beef-on-dairy calves entering the system.
Tighter beef supply and stronger demand support higher fed and feeder cattle prices, which also lifts the cost outlook for cattle-based feed demand.
agproud.comSep 7, 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.
