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The national average price for live cull cows was $57.65/cwt in late August, about $2 above 2019 but more than $15 below the 2014-18 average. Some Kansas auction prices fell sharply during August before recovering in early September.
Cull cow prices typically erode from late September through November as culling peaks, so seasonal pressure on beef cow prices is expected in the coming weeks.
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.