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A BEEF Magazine column argues that strong domestic and export beef demand lifts cattle prices, citing research estimating a 1% rise in domestic demand lifts fed cattle prices 2.3%. It also notes packer margins have been unusually strong this year.
Robust beef demand supports fed and feeder cattle values, sustaining high prices for cattle-based feed buyers, though the piece is analysis rather than new news.
beefmagazine.comBurt RutherfordSep 20, 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.
