Loading…
Fed cattle prices fell about 31% from the January 2015 high to the December 2016 low as cattle cycle expansion added beef cows. Packing capacity was tight in 2016, and packers earned record margins near $200 per head at their widest.
Rebuilt cow herd and tight packing capacity shifted leverage to packers, shaping the fed cattle price outlook for feed buyers.
feedlotmagazine.comMar 22, 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.
