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Test auctions handled 45,400 feeder cattle in a large fall run, with prices ending mostly $4 lower to $1 higher and calf prices evening out. Slaughter cow prices fell $1-3 as cull cows arrived in large numbers at 12,600 head.
Heavy fall marketings of feeders and culls add supply pressure on feeder and cow prices, a routine seasonal pattern rather than a new shock.
beefmagazine.comEd CzerwienNov 10, 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.
