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A report describes how a pandemic-era packer concentration and captive supply leave cattle producers with lower prices while the big four packers post strong profits. Producers say they are losing money on calves and feeder cattle.
Packer dominance over negotiated cash trade depresses cattle prices paid to producers, which keeps feeder and fed cattle values under pressure.
sdpb.orgSeth TupperJun 1, 2020Not 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.
