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A farm marketing column says feeder cattle prices have swung widely between auctions over the past three weeks, with some sales inverted by weight. The author argues the market is still searching for equilibrium.
Volatile feeder prices raise risk for feedlot buyers and cow-calf sellers, but no clear directional price signal is given.
farmprogress.comNov 8, 2019Not 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.
