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Cattle Market Outlook Mixed As McCoy Warns Of Fluctuations
Cattle dealer McCoy cautions that June may not outperform expectations due to ample feeder supply and recent overfinishing on farms. He notes feeder cattle at eight year lows amid a record grain harvest and potential high prices if supply tightens, while fat cattle could follow if prices don’t align. He cites new grading standards as risky and urges producers to monitor futures closely.
MENTIONED IN THIS ARTICLE
McCoy
Midwest
Washington, D.C
John Mar