Loading…
BEEF Magazine's senior editor argues that the long-predicted decline in cattle prices is probably coming later in 2017, citing Rabobank's Q1 Beef Quarterly. The recovery has been driven by tight fed cattle supplies, lighter carcass weights and solid domestic and export beef demand.
Expectation of a price drop later in the year points to softer live cattle values, though timing depends on consumer demand and remains uncertain.
beefmagazine.comBurt RutherfordMay 3, 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.
