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A DTN Progressive Farmer piece says large crops and carryover supplies should keep commodity-based cattle feeds priced at or slightly below last year's levels this winter. It highlights corn-based feeds such as cracked corn and distillers grains as bargain options compared with hay.
Ample corn and byproduct supplies point to softer feed costs for cattle producers, which weighs on demand for corn and DDGS pricing.
dtnpf.comSep 3, 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.
