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The USDA Springfield, Illinois report for August 26, 2016 covers Eastern Cornbelt direct feeder cattle sales. It shows no trend for feeder steers and heifers due to limited recent supplies, with calves and yearlings sliding slightly on base-weight pricing.
Limited feeder supplies and small price slides on calves and yearlings reflect thin trade, offering little directional signal beyond modest softness in feeder cattle values.
lancasterfarming.comAug 26, 2016After 44 past neutral report events, FCATTLE moved a median +0.3% over 5 sessions (59% higher; middle half -0.9% to +1.0%), and +0.5% over 20.
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.
