Good News in the Cattle Market

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Sara Schafer, Top Producer Business & Crops Online Editor
 
USDA released its April Cattle on Feed report this afternoon (U.S. Cattle on Feed Down 4%).  
 
Ron Plain, University of Missouri economist, says the April report holds lots of good numbers for cattle producers. "There was a very strong rally for cattle prices,” he says. "All, in all, this is a very positive report.”

Steve Kay, publisher of Cattle Buyers Weekly, says the numbers in this report can be regarded as neutral to friendly.
 
Hear Plain's Audio Analysis:

 

 
 
Hear Kay's Audio Analysis:
 
 
For More Information
 
 
You can e-mail Sara Schafer at sschafer@farmjournal.com.

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