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Cull cow prices in the Southern Plains rose about $13 per cwt from January to the end of March, tracking the spring fed cattle rally. Dairy cow slaughter has run above 70,000 head per week for five weeks, and beef cow slaughter is below last year's levels.
Rising cull cow values reflect firmer beef cutout values and tight beef cow supply. Heavy dairy cow slaughter is a partial offset that limits further gains.
u.osu.eduSmith atApr 3, 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.
