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A University of Kentucky extension piece notes CME feeder cattle futures have risen more than $10 per cwt since early March, lifting calf prices by about $20 per cwt from fall 2016 lows. It also describes the seasonal pattern in cull cow prices, which typically bottom in late fall and early winter.
Stronger calf values reflect tighter feeder supplies and seasonal stocker demand. Cull cow seasonality is a routine pattern rather than a new price shock for feed buyers.
u.osu.eduSmith atApr 19, 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.
