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Turn-out ready stockers and replacement cows drew strong premiums this week, with weaned cattle selling $10-$15/cwt above bawling calves. Heifers rose in the Central Plains, and hay demand remained strong with prices rising.
Strong grass-season demand supports stocker and feeder prices, and firm hay prices raise cow-herd feeding costs that may reduce supply over time.
Not 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.