Cattle Market Could Continue Seeing Less Volatility at Start of 2019
Limited volatility for fed cattle in the past few months has helped feedlots stay current and maintain profit margins. This trend is expected to continue into the 1st quarter of 2019 says Craig VanDyke, market analyst with Top Third Ag Marketing.
“Beef demand has been fantastic and carried us through 2018,” VanDyke says. “Right now, I don’t see that all of a sudden falling off the edge, but you do have some outside market factors that could play a role in the 2019 cattle market.”
These factors would include the shaky stock market that has been on a bull run for a decade and is starting to look more bearish.
For more on what VanDyke sees happening with the fed cattle and calf market in 2019 watch the video from AgDay above.
