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Feeder and stocker cattle receipts nationwide totaled 534,500 head, up from the prior week and year-ago levels. Prices were lower in the Plains as the sharp rise in feed grain and protein prices lifted feedlot breakevens.
Rising feedstuff and protein costs cut what feeders can pay for cattle, pressuring feeder prices while feed demand from feedlots remains supported.
capitalpress.comStaff ReportsJan 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.
