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The live cattle April contract rallied from October lows near $95/cwt to more than $120/cwt. The article advises producers to weigh whether to sell now or hold, given the strong price rise.
A sharp cattle price rally encourages producers to market animals sooner, which can add near-term supply. For feed buyers, the rally supports cattle feeding margins and demand for feed.
enidnews.comTrent MilacekApr 2, 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.
