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An economist writes that cattle price and feed cost volatility will remain high, with feeder cattle possibly seasonally low mid-summer. Labor shortages and high cattle on feed limit bullish fed cattle news.
Limited fat cattle upside and earlier feedlot placements from low forages could depress feeder prices and keep feed-cost risk elevated.
u.osu.eduSmith atMay 19, 2021Not enough comparable past events yet for a historical read.
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.
