Loading…
The week's feeder cattle test auctions saw 56,600 head, the biggest fall run of the year, with new crop calves and lighter yearlings. Prices were mostly $2-7 lower, and slaughter cow prices fell $2-4 after prior gains.
Heavy feeder supply and lower prices signal weaker feeder cattle values and softer cow beef demand, which can pressure feeder futures.
beefmagazine.comEd CzerwienDec 10, 2018Not 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.
