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Analyst Ed Czerwien reports Northern Plains feeder cattle prices rose in February after a January drop, though the last week of the month eased. Higher feed costs and cash fat cattle near $114 have capped feeder prices.
Elevated feed costs and weak fed cattle prices limit feeder cattle gains, though backed-up fat cattle supplies may eventually correct.
drgnews.comDRG Media Group NewsMar 10, 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.
