Long term, corn prices will be something the feeder cattle complex watches closely, as penciling a high purchase price alongside a high cost of gain is challenging.
Long term, corn prices will be something the feeder cattle complex watches closely, as penciling a high purchase price alongside a high cost of gain is challenging.
With USDA set to release Cattle Inventory and Cattle on Feed reports Friday, the day will be busy, and next week's market could be in for some additional support if the reports print as expected.
If you have a relatively young cow herd, or if you can wait to buy females when bred cow prices get soft again, it seems nearly unfathomable to me to miss the opportunity to make hay while the sun is shining and forgo these strong feeder cattle prices.
Typically, we expect a glut of cattle to hit showlists during this time of year and, consequently, expect cash cattle prices to trail lower through the hot summer months. However, with feedlots extremely current and their showlists still somewhat green, they possess the ability...
The Cattle on Feed report should be used as a tool for evaluating the cattle complex and trying to discern its direction but, in Monday's market, traders inarguably valued the market's fundamentals more than the most recent report, as they see more tangible value in the...
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.
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