ANALYSIS: Cattle Weights Resume Contra-Seasonal Gains Following Brief Stall
Cattle weights have resumed their contra-seasonal move higher following a brief stall, putting market participants on high alert.
A string of winter storms and muddy pen conditions impacted cattle performance towards the start of 2024. Dressed steer weights shed 30 pounds during January, hitting a year-to-date bottom at 909 pounds during the week ending February 3.
Dynamics in the cattle market have shifted in recent weeks with weights now displaying a contra-seasonal increase, reversing the declining trend seen since the start...
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