Feeder cattle prices edge higher

aginfo

Junior Member
Messages
692
Next fall, western Canadian feeder cattle prices could be $10-$15/cwt above current levels. August 2012 feeder cattle futures touched record highs of $150/cwt as the market is anticipating lower available supplies. December 2012 live cattle futures also reached all-time highs over $130/cwt; the market is factoring in a risk premium due to the uncertainty in beef production in the fourth quarter of 2012.
 

Auctionguyyy

Junior Member
Messages
135
Can anyon explain how to de-stocking in Texas will affect the market in the next few years. I have heard stories but would like to understand it better.
 
 
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