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How High Can Cattle Prices Continue To Go?

2014-03-10 04:19:00| Beef

By Wes Ishmael Watching wholesale beef prices balloon $40/cwt. (Choice) in less than a month had that busted-cinch kind of feeling. It was sudden and exciting but tempered by the dread of what might be on the other end. Turns out, all that was waiting was a long-overdue price adjustment that lifted post-spike wholesale and cash fed cattle prices higher than anticipated. The magical January run was the product of several disparate market components that came together at the same time. read more

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