Canfax reports average bids for Saskatchewan feeder cattle were higher in every weight category. When looking at the 2020 sale report compared to the three-year average, earlier this spring feeder cattle sold anywhere from $0.10 to $0.25 lower. Bears would argue that the gesture "alive and well" is polite rhetoric for a complex that's overbought and soon to fall flat as feeder cattle healthily line the sandhills, northern range and feedlots of the Midwest. However the prices were mostly steady to 5 higher and jumped higher especially when the auction had good volume for active bidding. Registration is FREE. The fall calf run received a much needed boost following a very challenging October. Our Feeder Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. Trading Economics does not verify any Feeder Cattle data and disclaims any obligation to do so. Though the market wasn't unable to dodge the hardships that consumed our lives, the board's recent vigor and constant gains through feeder cattle sales have served as a saving grace to many. Neil Billinger. An overnight rally in oil futures on the New York Mercantile Exchange and Intercontinental Exchange faded Wednesday afternoon. No historical contract charts exist for the symbol for this year. Related: China exports 2020 vs. 2019. As time progressed, and cattlemen felt like they had a better understanding of the market, the difference in the 2020 prices compared to the three-year average narrowed drastically. Ethanol industry continues to recover despite rising corn prices, as ethanol and dried distillers grains prices bolster comeback. Feeder Cattle Prices Rise Last Week. In addition to continuous charts, the collection includes thousands of single-contract historical price charts that cover individual contract months from years past. ... High beef production in 2018 and 2019, which increased poundage due to COVID-19, leading to heavy cattle in 2020 and 2021, is projected to lower retail beef prices in 2020 and 2021. Download historical data for 20 million indicators using your browser. (c) Copyright 2020 DTN, LLC. But for whatever the market has or hasn't been, looking at Superior's sales this summer helps give cattlemen some perspective. “The impact of lower fed cattle prices is likely to carry into 2020. The October feeder cattle contract has traded as high as $157 in January and as low as $113 in April. See TradingCharts' Privacy Statement. Grow your production, efficiencies, and profitability. ShayLe Stewart can be reached at shayLe.stewart@dtn.com. All rights reserved. Through the spitfire that 2020 has coined its appearance with, the spirit of cattlemen is still alive and well in the feeder cattle market. 8-32 characters, include one number (0-9) and one letter (a-z), By clicking Create Account, you agree to our, Save DTNPF to your home screen: Tap on the arrow and then select, Crude Futures Stall Near 2-Month Highs Amid Q4 Demand Concerns, Rising Ethanol, DDGs Prices Fuel Industry's Recovery from COVID Shutdown, Increase yields and savings with precision weather. As the market approaches the one-year anniversary of the Holcomb, Kansas, packing plant fire (Aug. 9, 2019,) we know and fully understand that in the blink of an eye, circumstances can change and how we anticipated the market to move and react can evolve into something completely different. That’s a $350 per head swing in the span of about 12 weeks. 1978-2020 Data | 2021-2022 Forecast | Price | Quote | Chart. Feeder Cattle decreased 8.53 USd/Lbs or 5.89% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Join the community! Looking at the picture accompanied with the article, you'll notice that I compared three of Superior's yearly sales -- the Corn Belt Classis (hosted the second week of June), the Big Sky Round Up (hosted the last week of June), and the Video Royale sale (hosted the last week of July).