Report mildly bearish for CME live cattle futures.
The 5-Area Accumulated Average Cattle Price slightly increased this week from $133.91 on April 12 to $133.97 on April 19.
After hitting a low price of $97.75 per cwt in mid-October, cash fed cattle prices rallied $13 per cwt by the end of November, a 12% increase.
The 5-Area Accumulated Average Cattle Price slightly decreased this week from $133.96 on April 4 to $133.91 on April 12.<p></p>
The panel of cattle industry experts who make up our Monday Market Sentiment had an average g
After a rally during the first week of 2016 to $134.04 per hundredweight, the 5-Area Accumulated Average Cattle Price dropped to $132.30 per hundredweight.
See the lastest supply/demand estimates from Jerry Gulke, Top Producer Maket Strategy columnist.
The year started bright for the 5-Area Accumulated Average Cattle Price, which jumped this week nearly $11 to hit $134.04.
Wheat carry also trimmed vs. March