Despite the cattle inventory plummeting to the lowest level in 73 years, the number of cattle on feed remains surprisingly strong. The average all-fresh retail price for beef hit record highs in six ...
This has led to a stronger than expected cutout hanging in the mid-90’s and starting to creep higher ... and last year’s 486,162. January Feeder Cattle opened unchanged and ticked to ...
It shows up in the feeder cattle sector, with reports key buyers are heavily booked with placements for coming weeks and have started to slow competition in the auction system. Not all the regular ...