Loading…
Oklahoma State University extension says feeder auction prices in early August showed a value of gain of $1.19 per pound for added weight, signaling weak feedlot demand for lightweight feeders. Feeder prices are holding strong despite growing supply, and fall prices may follow traditional seasonal patterns if forage conditions stay good.
Low feedlot demand for lightweight cattle favors stocker and backgrounding production, which increases feeder supply and can put seasonal pressure on feeder prices.
news.okstate.eduAug 14, 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.
