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Record feeder steer prices, near $2,000 per head for calves, are drawing purebred bull producers to sell more animals as feeders instead of breeding stock. Some bull sales this spring have been slower than feeder calf prices.
Higher feeder calf values reflect tight cattle supplies and support feeder cattle prices through the fall.
producer.comWilliam DeKayMay 25, 2023Not 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.
