Last summer’s drought brought lower supplies of feed across the Upper Midwest. This resulted in an earlier-than-normal feeder cattle run. “There’s been huge numbers of feeder cattle moving from January to now.,” said Kevin Larson, owner, Aberdeen Livestock. “It’s going to be interesting to see when we get into April. I think we’re going to be short numbers around the country.” The feeder cattle market was strong until the recent corn rally. “That knocked the cattle back. We had mid $140 fats and now we’re in the upper $130 for no reason when the market is short of fat cattle.” Larson is still seeing cattle going to grass that are brining over $2 per pound.
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