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An analyst column says the US is about nine years into its cattle cycle and beef cow numbers may peak in 2019. The calf crop is projected to keep growing through 2019.
A growing calf crop adds supply to feeder markets and is expected to keep pressure on calf prices unless beef export demand strengthens.
beefmagazine.comHarlan Hughes 2Feb 8, 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.
