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A Farm Progress market column reports that cow prices varied widely at sales, with pairs of similar cows selling up to $500 apart based on calf size. It also notes that rain boosted forage in some areas and that the value of gain on feeder cattle was volatile.
Volatile value of gain and uneven cow prices show mixed pricing signals in the cattle complex, with little clear directional impact on feed demand.
farmprogress.comDoug FergusonJun 5, 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.
