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CattleFax's Kevin Good forecasts a 2019 beef price pattern split into two halves. Fed cattle placements ended 2018 about 300,000 head lower, and more cattle kept outside feedyards are expected to enter the market between March and June.
Larger fed cattle supplies in the second half of 2019 would likely pressure cattle prices, while a tighter first half supports prices, making the timing of marketings a key price driver for feeder buyers.
brownfieldagnews.comMark DorenkampJan 31, 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.
