
Rabobank's seven-nation cattle price index shows finished cattle prices rose across most regions through March and April. Tight supply and strong animal protein demand, including China's needs amid African swine fever, pushed cattle and beef prices to records.
Rabobank expects a lasting step-up in the price baseline.
Tight global cattle supply and rising protein demand support feeder and fed cattle values, which raises feed-lot input costs for buyers.
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.