Loading…
A Canadian Cattlemen market column argues that the recent drop in feeder cattle prices will be short-lived. It cites a contracting US calf crop, which peaked in 2018 at 36.3 million head and is projected near 35.7 million for 2020.
A shrinking US calf crop tightens feeder supply, which supports feeder cattle prices into fall and winter 2020.
canadiancattlemen.caJerry KlassenJun 8, 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.
