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Georgia feeder and fed cattle board prices have stayed strong and flat since summer, without the usual seasonal decline. Analyst David Widmar says Texas herd rebuilding has room to continue, indicating further herd expansion.
Continued herd expansion is a risk to cattle prices, although strong demand and low feed costs have supported prices so far. Feed buyers should watch whether demand absorbs the larger supply.
site.extension.uga.eduNov 9, 2017Not 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.
