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The Missouri Department of Agriculture launched the Missouri Stocker Formula, a seven-day weighted value for feeder steers weighing 400 to 649 pounds. The formula is updated daily to help producers gauge stocker cattle price direction.
A price-tracking tool for stocker cattle adds price transparency but does not change supply or demand for cattle or feed.
morningagclips.comAubreyMar 20, 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.
