Cattle Markets Hitting Seasonal Peak

 

This is the time of year that the cattle markets usually start to cool off.

 

That from Brian Perillat, manager and senior analyst with CanFax.

 

“We've continued to have some pretty strong cattle markets for sure, but we've kind of hit that seasonal sort of peak, especially on the fed cattle side," he said. "We're heading into summer and we generally see supply grow and summer demand kind of tends to seasonally ease off. So we think the spring highs are behind us and we're going to be looking at a little bit of pressure on the fed cattle markets going forward.”