Loading…
CattleFax analysts forecast a profitable 2018 for cattle producers, with U.S. beef production rising about 3 percent to 27.5 billion pounds. The beef cow herd grew 2.8 million head over four years and is expected to add more, with growing supplies of all proteins expected.
Expanding beef and total protein output points to heavier competition and lower prices, though strong demand and a rising cattle herd keep feeder demand for feed firm.
feedstuffs.comFeb 2, 2018After 144 past bearish report events, Live Cattle moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.
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.
