Summary and Implications
After a number of years of record high feed grain prices, feed grain prices have moderated while cattle prices remained high. Feeder calf prices have eroded the margins somewhat, but a late summer of 2015 decline in fed cattle prices may be showing the end of strong fed cattle returns.
Iowa State University
Dahlke, Garland R.
"Cattle Feeding Benchmark Data: Fall & Winter 2014 Spring & Summer 2015,"
Animal Industry Report:
AS 662, ASL R3047.
Available at: http://lib.dr.iastate.edu/ans_air/vol662/iss1/8