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Persistent low cattle prices are wearing on producers and lenders, and the author suggests some capitulation selling may be occurring. Hedging by short positions is described as increasing risk of loss given the long downtrend.
Prolonged price weakness and producer financial stress could lead to herd liquidation, with cattle prices staying under pressure in the near term.
farmprogress.comChris Swift 1Jun 21, 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.
