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Grass PlansTight Supply Lifts Calf Prices Higher

2014-03-15 01:16:00| Beef

Stcoker cattle and calves sold $2-$6/cwt. higher at auction. Many backgrounders are facing the realization that they are going to run out of money before their pastures are filled, with stocker cattle prices roughly 25% higher than last year, AMS analysts say. Cattle growers may be afforded a rare opportunity to lease pastures in the major grazing areas (like the Flint Hills of Kansas) as grazers start to scale back the number of head they turn out, either due to a lack of capital or a lack of nerve. read more

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