Fed cattle market struggles, feeder exports seen slower
The local fed market continues to struggle. The wide basis has started to encourage additional U.S. buyer interest, but large carcass weights and longer lift times are making it difficult to stay current. Steer carcass weights are at near-record levels, at 972 lbs. in mid-November, which compares to 946 lbs. last year.
Click here to read full note: https://www.canadiancattlemen.ca/markets/fed-cattle-market-struggles-feeder-exports-seen-slower/