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Beef Magazine outlines research into the ailing negotiated fed cattle cash market, where thinning trade has led to growth in alternative marketing arrangements. Cattle feeders cite lost control over shipping dates and pen clearing costs, while packers cite timing problems.
A thinner cash market reduces price discovery for fed cattle and shifts volume into formula deals, which can affect how cash-linked prices move for feeders.
beefmagazine.comSteve DittmerMay 14, 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.
