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Iowa State estimates show cattle feeding returns turned positive as fed cash cattle prices rose from about $105 to above $124 per cwt. Feeder cattle prices have moderated, though losses in late 2016 were large.
Improved feeding margins encourage more cattle placements, supporting feed grain demand over coming months. Stronger fed cattle prices also support the livestock complex.
doi.orgJim Mintert, Mintert, JimJan 1, 2017Not enough comparable past events yet for a historical read.
Not 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.
