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Calf and feeder cattle prices were steady to $3 higher in the week ending December 18, 2020, supported by firmer futures and last-minute season marketing. A late-week winter storm weighed on buyer demand in some areas.
Higher feeder cattle futures support prices for feeder inputs, though weak year-over-year levels and storm disruption limit the upside. Feed buyers should watch for calf price gains into early 2021.
cattlecurrent.comWLIDec 20, 2020Not 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.
