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What variables affect the cattle market?
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<blockquote data-quote="farmerjan" data-source="post: 1484170" data-attributes="member: 25884"><p>Things here seem to be affected by the weather ; first local and then across the country. Also the amount of hay left over from the previous year. A couple years ago prices were through the roof due to rebuilding of herds that were sold off for mostly drought conditions further south and west. Now the herds seem to be rebuilding and heifer retention is high so prices are down alot. We were dealing with the JBS plant closure in Pa for awhile, and pound/cull cow prices were down and have only rebounded a bit. If there is a surplus of grains/commodities near the feedlots then feeder prices will usually rebound a bit.</p><p>Our water situation has been very iffy. Dry last fall, no real moisture until here recently and still not a whole lot. Ponds way down, many creeks slow or not running and springs and wells going dry. I think that is the number one with pasture/hay availability number 2.</p></blockquote><p></p>
[QUOTE="farmerjan, post: 1484170, member: 25884"] Things here seem to be affected by the weather ; first local and then across the country. Also the amount of hay left over from the previous year. A couple years ago prices were through the roof due to rebuilding of herds that were sold off for mostly drought conditions further south and west. Now the herds seem to be rebuilding and heifer retention is high so prices are down alot. We were dealing with the JBS plant closure in Pa for awhile, and pound/cull cow prices were down and have only rebounded a bit. If there is a surplus of grains/commodities near the feedlots then feeder prices will usually rebound a bit. Our water situation has been very iffy. Dry last fall, no real moisture until here recently and still not a whole lot. Ponds way down, many creeks slow or not running and springs and wells going dry. I think that is the number one with pasture/hay availability number 2. [/QUOTE]
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What variables affect the cattle market?
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