Loading…
MLA reports lot feeding margins are squeezed by higher feed grain prices, which has reduced numbers on feed. Feeder steer indicators rose 4% after recent rain, and ABARES expects world coarse grain prices to rise through 2021 as demand outstrips supply.
Rising feed grain prices and strong feeder demand support cattle values while raising feedlot input costs.
mla.com.auMar 7, 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.
