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Weekly cattle market review for the week ending December 4 found mixed cash and futures signals after Thanksgiving. Calves and feeder cattle sold from $2 lower to $3 higher, and feeder futures averaged 36 cents higher week to week.
Feedlots were pricing cost of gain near $1 per pound.
Feedlot cost of gain near $1 per pound pressures feeder demand, and corn price moves directly shape feeding margins for cattle buyers of feed.
cattlecurrent.comWLIDec 6, 2020Not 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.
