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Futures markets are offering a premium for feeder cattle sold in the second half of 2021, with August feeder futures at $152.95 versus a cash index of $136.65. The article shows how producers can capture about $98 per head by hedging or holding calves until later in the year.
The wide futures premium signals market expectations of higher feeder prices later in 2021, encouraging forward marketing and holding of weight.
nwdistrict.ifas.ufl.eduChris PrevattJun 11, 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.
