Record high feeder prices keeps grainfed trading budget deeply in negative territory

Big losses have again been forecast in Beef Central’s latest 100-day grainfed trading budget calculated this morning. Record high feeder steer values have overwhelmed a softening ration price, and a lift in finished grainfed cattle forward contract prices to deliver a $164 loss – the same figure as our previous budget a month ago.

Source: Beef Central
Record high feeder prices keeps grainfed trading budget deeply in negative territory