Fundamentals for cattle market support even higher prices

A livestock economist says the cattle market is positioned to move higher.   Josh Maples with Mississippi State University Extension says, “Tight supplies is really what’s driving what we’re seeing right now.” The average live steer price for the five-market area is already running $32 per hundredweight above last year’s levels. “Prices for feeder cattle […]

The post Fundamentals for cattle market support even higher prices appeared first on Brownfield Ag News.

View Full Story

Share:

The Latest

Cattle futures lower on profit-taking

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking, waiting for direct business to develop. February lean