Kevin Good
Kevin Good
forced market producers spread
When the spread is wide, packers are forced into the market and producers have leverage. When the spread narrows, packers have the leverage.
far fully kinds operation
We're still far from what I would say is a fully funded operation in maintenance and those kinds of things.
april basis cattle due early erratic forced highly highs late levels likely lower market movement moving spring wheat winter year
Feeder cattle highs for the year will likely come early as the feeder market reacts to a lower year-to-year, fed-cattle market moving into the late spring and summer. Feeder cattle basis levels in April and May could be highly erratic due to forced early movement of wheat cattle off winter grazing programs.
calf correction expected fall few follow highs larger last lows market seen spring steer
The steer calf market should follow a very seasonal pattern, with the highs in the spring and the lows in the fall. The correction into the fall is expected to be larger than has been seen in the last few years.