Loading…
Cold, wet weather and a delayed harvest curtailed calf receipts and buyer demand at some auctions, with calves selling $3 lower to $2 higher and as much as $8 lower in the Northern Plains. USDA AMS reports sharp discounts on un-weaned calves without health programs, while yearling demand remains good as supply tightens.
Weak calf demand and discounts signal feeder-side price pressure, while tight yearling supplies support value-added feeder prices. Feeder buyers face wider spreads based on calf quality and health programs.
beefmagazine.comWes IshmaelOct 11, 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.
