Fall Run Wrapping Up

The fed cattle market has been stagnant for the last 25 weeks or so.

 

That according to Brian Perillat, Manager/Senior Analyst with Canfax.

 

"Usually at year end we see a little bit of a market pop and we've seen slightly higher prices...but still kind of disappointing for late in the year," he said. "We're almost $20 per hundredweight below a year ago. Feedlots still seeing pretty big losses at this point. We've worked through a lot of cattle, processors continue to work through the cattle. We have seen the demand pick up a little bit for fed cattle."

 

He notes the fall run is wrapping up, adding calf prices have held in despite the struggles at the feedlot level.

Video: Leman: Trade, tariffs and global competition on the future of US pork production

Bill Moore, Chief Risk Officer at Compeer Financial, was recently interviewed by The Pig Site's Sarah Mikesell in St. Paul, Minnesota, USA, at the Leman Swine Conference. He discusses how the changing economic landscape, including tariffs and trade, is affecting the US pork industry and agriculture.