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Feeder cattle prices held at support near $150/cwt in the week ending December 1, with analysts identifying a possible drop to about $137 if support fails. Put option premiums rose as futures fell, limiting affordable price protection.
A break below support would signal lower feeder cattle values and weaker feedlot demand for feed grains and meal.
okfronline.comDec 5, 2017Not 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.
