Loading…
US cattle inventory is expanding, and Texas A&M economist Jason Johnson expects prices to stay moderate through 2017. Cattle prices fell nearly 40% in 2016 after feedlots had overpaid for feeder cattle in 2015.
A rebuilding cow herd and rising inventory point to ample beef supply and lower cattle prices, which weighs on feedlot demand for feed grains. Feeder cattle values are expected to stay subdued.
feedstuffs.comKrissa Welshans 1Dec 29, 2016Not 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.
