Loading…
Cattle prices have improved from recent declines but remain below year-ago levels, with CME feeder futures pulling back near late-June levels in the low-to-mid $150s. Slaughter weights are rising seasonally but remain under 2016.
Steadier summer feeder and fed cattle markets support producer margins, but uncertainty about whether recent gains will hold keeps the price outlook mixed.
farmprogress.comAimee NielsonJul 27, 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.
