Cattle Weights Surprise the Trade April 29, 2021
Weight data out today, for the kill two weeks ago, was negative for cattle. Steer weights fell 2 lbs. from the prior week to now 898 lbs. Heifer weights grew 8 lbs. from the prior week at 837. Instead of the seasonal, weight declines at this time, heifers posted the largest weight in eight weeks. This information suggests packers are well-supplied, not just with willing sellers due to feed costs but also due to higher than expected numbers ready for them.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
Possible light fund short covering yesterday
December 6, 2023
-
Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
Market Movers
December 6, 2023
December 4, 2023
December 1, 2023
November 30, 2023
November 29, 2023
Snapshots
Snapshots