Beef Magazine is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CME rally offered feedlots risk management flexibility

Market analyst Ed Czerwien provides his weekly market outlook on feeder cattle and slaughter cows.

Prices were steady to $3 lower early in the week, but $3-$5 higher on Wednesday as a big rally on the CME allowed feedlots to bid much higher on their risk management programs ability to hedge cattle.

Looking at slaughter cows, a very big run of cows with wide swings in prices depending on regions influenced prices at the auctions. Additionally, cow meat prices moved up and down during the week and price trends at the test auctions were quoted anywhere from $5 lower to $5 higher.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish