There seems little doubt that recent volatility and uncertainty caused some to delay marketing decisions. It seems the recent market crash has pushed commercial producers to think about risk management.
An extra day in February this year contributed to higher year to year feedlot placements. Derrell Peel, Extension livestock marketing specialist at Oklahoma State University also points out placements last year were 5% less than the 5-year average....More
Producers expanded the nation’s cowherd at least as much as expected, and more than expected in some cases, according to the semi-annual Cattle Inventory report released by USDA at the end of January....More