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Feeder cattle volumes rose seasonally in early October, with yearlings $1 to $3 higher and calves steady to weak. Cull cow receipts were about 8,000 head, up roughly 2,000, and cow prices were steady to $2 lower on declining cow meat prices.
Seasonal fall runs typically add supply pressure on calves and cows. Yearling strength partly offsets this, leaving feeder prices broadly neutral.
beefmagazine.comEd CzerwienOct 10, 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.
