Attracting the Funds While Talking Empty Lot Pens | Cattle Call
Finance
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10m
Attracting funds into the cattle market has been a key focus, especially with cattle weights trending upwards. Last week saw a steady cash market, but the big question is whether producers will hold out for higher prices in the coming weeks. In this week's Cattle Call, Brad Kooima of Kooima Kooima Varilek highlights how empty feedlot pens are indicative of the current market dynamics, signaling tight supplies and potentially supporting stronger prices. Additionally, some packers are adding a Saturday kill to compensate for downtime during the holiday, which could further influence market movements in the days ahead.
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August 30, 2024 | Market Journal
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