Market Summary
Slaughter cows and bulls higher every week, up $8-10. The cow market will likely peak this month so it’s a very good time to market cull cows. The feeder market is overall lower $5-10. This is mostly due to the futures being under such heavy pressure due to the threatened strike at JBS Greeley and also the Iran war. It would sure be nice to see the strike settled next week but I guess we’ll see. The war is causing crude oil to rally sharply which makes traders worry about recession, inflation, and the possibility of interest rate increases or at least no cuts. All those things threaten beef demand and worry smart guys that trade the futures. Overall though the cattle market is record high and the best market in the world to be in right now. Most of this stuff is just noise. Ian
Market News
MARCH 19TH - BRED HEIFER LISTING
MARCH 26TH - PALPATED HEIFER SALE LISTING
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