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Alberta fed cattle prices have dropped about $12 over the past month and are expected to keep slipping into August. Feeder cattle prices have been unexpectedly strong, and yearling supplies may tighten for fall as feedlots compete to secure cattle.
Expected tighter yearling supply supports feeder prices into fall, while falling fed cattle and wholesale beef prices weigh on the live market and feedlot margins.
grainews.caJerry KlassenJul 19, 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.
