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Iowa Farm Science

Article Title

Farm Outlook

Abstract

Margins between feeder and fat cattle prices have remained wide all spring. Since the middle of January, the difference has been roughly $8. Last year at this time, the margin was negative, amounting to about $2. This, taken as a measure of profitability, indicates that cattle feeders have been in a better position this year. The margin has now narrowed somewhat with the May and June drop-off in slaughter cattle prices.

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