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Kentucky cattle producers and extension agents describe a decline in US cattle prices from the 2014 and early 2015 highs, which followed herd liquidation in the southern Plains. Cow-calf values fell by hundreds of dollars per head in late 2015.
Competing meat sources, cheap feed and a smaller cattle supply are cited as factors.
Fewer cattle and competition from other meats support the view that prices have moved off their peak but remain historically strong. Cheap feed is a continuing input-cost advantage for feeders.
enewscourier.comStaff ReportsApr 22, 2016Not 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.
