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Wednesday, November 11, 2015

Feeder cattle upside looks likely

By Angus Brown  |  Source: MLA's NLRS, Trade

It should come as no surprise that feeder cattle prices are heavily affected by the performance of lotfeeders and, therefore, grain and grainfed cattle prices. Upon setting out on this analysis, we though the fall in grainfed cattle prices may have impacted negatively on lotfeeder margins. However, as it turns out they remain strong, giving a positive outlook for feeder values.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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