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Store cattle producers are seeing average prices £30 to £50 per head lower than last year at autumn sales, according to QMS. Feed grain and protein prices are reported 25-30% higher than last year, and calf mortality this spring was higher, reducing supply.
Higher feed and protein costs squeeze finishers' margins, weighing on what they will pay for stores and supporting demand for feed grains and protein meals in the UK.
heraldscotland.comRog WoodSep 29, 2018Not enough comparable past events yet for a historical read.
Not 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.
