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A University of Nebraska economist describes how cow-calf producers have responded to volatile feeder cattle futures following the Holcomb fire, which dropped prices to $127 per cwt. The article notes the start of a beef cow sell-off as producers react to price swings and costs.
A beginning beef cow sell-off would eventually tighten feeder cattle supply and raise prices, but the effect on near-term feed demand is limited.
agproud.comElliott DennisNov 15, 2019Not 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.
