Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Animal Sciences
Feeder Cattle Future Price Spreads: Opportunities To Hedge?, Elliott James Dennis
Feeder Cattle Future Price Spreads: Opportunities To Hedge?, Elliott James Dennis
Extension Farm and Ranch Management News
First paragraph:
Feeder cattle future price spreads across all months have recovered to near pre-COVID-19 levels as quarantine restrictions and packing plant capacity issues have been mostly sorted out. For example, for the week of July 17, 2010 [sic], prices reached levels not seen since the beginning of March 2020. Pasture and corn progress are two factors that have the potential to push prices lower in the next coming months. Given current market conditions, producers have some options to lock in a margin.