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A University of Nebraska economist discusses how pandemic-era plant closures, quarantines and shifts to home consumption have made livestock price forecasts harder. Packing capacity and food service demand have partly normalized.
Disrupted packing and changing consumer demand alter the usual cattle price seasonality that producers rely on for marketing decisions.
doi.orgElliott DennisJan 1, 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.
