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AgweekTV: Cattle market is surprisingly strong

Despite building numbers in the nation's cattle herd, fed cattle and feeder cattle cash prices this fall have exceeded expectations. The live and feeder cattle futures also pushed to new contract high areas the beginning of November, with deferre...

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Strong calf prices in 2017 are leaving many cattle producers optimistic about the future. In fact, many say prices for calves are substantially higher than last fall. (Michelle Rook/Special to Agweek)

Despite building numbers in the nation's cattle herd, fed cattle and feeder cattle cash prices this fall have exceeded expectations. The live and feeder cattle futures also pushed to new contract high areas the beginning of November, with deferred prices looking very positive for 2018. Michelle Rook reports, this is good news for cattle producers after negative margins the last two years.

 

To read more about the cattle market, click here.

To watch the complete episode of AgweekTV, click here.

Related Topics: AGWEEKTVCATTLE
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