With feeder calf prices skyrocketing, the markets may finally be offering a better return for stocking pastures with beef cattle than for planting cropland with grains.
With feeder calf prices skyrocketing, the markets may finally be offering a better return for stocking pastures with beef cattle than for planting cropland with grains.
Between the U.S. cowherd being culled to historically low levels because of prolonged drought and a lack of profitability, to the brutal storms this late winter/early spring that put a big dent in producers' calf crops, feeder-cattle prices are soaring as buyers fear they won't...
The feeder cattle market looks to the first big sale to set a tone for the fall market.
A technical look at two different price trends in the August contracts of live cattle and lean hogs.
On one hand, I'm thankful for the technology we have access to; on the other hand, I'd be lying to you if I said it didn't sometimes create more heartache for the market than necessary.
It's easy to look at any week that's trading higher and say, "That's a win!" But a $1 lower trade can still be a win when feedlots keep the market from trading $3.00 to $5.00 lower.
Over the last three weeks, the cash cattle market has traded lower, but if you remember the 2014 cash cattle market, you'll remember that prices bobbled through April, May and June before regaining footing and trading fully higher in July.
Over a 10-year span, packers spend roughly eight of those years perfecting their trade and learning how to keep the cash cattle market on a controllable, tight leash. Adversely, when feedlots are finally given the opportunity to demand higher prices, they don't control that...
DIM[2x3] LBL[blogs-harringtons-sort-cull-list] SEL[[data-native-ad-target=articleList]] IDX[2] TMPL[news] T[]
DIM[2x3] LBL[blogs-harringtons-sort-cull-list-2] SEL[[data-native-ad-target=articleList]] IDX[5] TMPL[news] T[]