A Wyoming Livestock Roundup column says feeder calf prices were running higher in November 2021, which is unusual for the season, and cull cow prices were holding strong despite drought-related supply concerns. It also notes fed cattle were up $2 for the week and $8 over three weeks.
Stronger feeder calf and cull cow values point to firm cattle complex prices, which tends to support demand for feed grains and feed supplements in cattle operations.
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.