Summary and Implications
The decline in fed cattle prices from the summer of 2015 has continued now through the summer of 2016. Feed and feeder calf prices have also declined as reflected in the breakeven values. Market weights have declined slightly through the year, but are still fairly large when compared back to weights of three years ago. Feeding losses were not as extreme as they were a year ago, but they are still not favorable.
"Cattle Feeding Benchmark Data: Fall & Winter 2015 Spring & Summer 2016,"
Animal Industry Report:
AS 663, ASL R3135.
Available at: https://lib.dr.iastate.edu/ans_air/vol663/iss1/8