By Product Supports Cattle Futures Prices – 11/16/2021

Published by David Tedrow on

One factor that has supported finished cattle prices in recent months has been a sharp increase in the value of by-products (principally hides). The beef by product value has increased $20+ /cwt over the last 18 months boosting live cattle prices to $10+  higher levels than would be expected from historical edible beef supply/demand conditions.

Categories: Livestock