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Iowa analysis finds that smaller farmer-feeder operations are marketing fewer cattle in 2018 despite larger calf crops and supportive corn prices. The shift suggests a structural change in cattle feeding, with fewer crop farmers using cattle to market corn.
Lower farmer-feeder placements reduce on-farm corn feeding demand, which is mildly bearish for corn and may change the timing of cattle supplies.
dr.lib.iastate.eduLee SchulzJan 1, 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.
