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Feeder cattle over 800 lbs sold steady to $2 higher in the week ending November 2, 2018, while lighter feeders were steady to $2 lower. Wet, muddy conditions delayed wheat planting, and ample wheat pasture was expected to boost stocker demand.
Expected wheat pasture supply supports stocker demand and feeder cattle prices, while delayed planting and wet conditions shape buyer preferences for weaning age.
cattlecurrent.comWLINov 2, 2018Not 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.
