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Kentucky calf prices are at their typical seasonal highs, with 550 lb steers selling in the mid-to-upper $150s. The article notes calf prices have risen about $15 per cwt since December and that fall feeder futures near $158 to $160 imply strong summer stocker profits.
Firm calf and feeder values, with futures implying good grazing margins, support continued demand for feed going into summer.
u.osu.eduSmith atApr 17, 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.
