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A University of Missouri Extension specialist says COVID-19 processing backlogs have raised demand for lean trimmings from cull cows, which are being sold as hamburger. He advises producers to cull early before cattle prices fall.
Stronger cull cow and lean trim demand supports cattle prices in the near term, but the effect on feed demand is limited.
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.