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An Ohio State Extension article says the US cattle cycle is turning as cow numbers expand and market prices moderate. It notes that foreign trade is a key factor in current beef prices.
Most of the spring 2018 calf crop has been weaned.
Expanding cattle supplies and moderating prices point to weaker feeder cattle values and steady feed demand as producers decide whether to retain heifers or sell calves.
u.osu.eduSmith atOct 31, 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.
