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Price range widens with new-crop calves

2016-04-02 04:04:00| Beef

The decline in lightweight calf prices this week is most likely the beginning of the decline that will persist through the summer and fall of the year, says Andrew P. Griffith, agricultural economist at the University of Tennessee, in his weekly market comments. The seasonal tendency will result in lightweight calf prices falling drastically the next seven or eight months with the biggest decline starting towards the end of May. Calves and yearling feeders traded mostly steady to $5 per cwt lower, according to the Agricultural Marketing Service. read more

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