Expensive Corn Doesn't Trim Cattle on Feed

Live Cattle – Friday’s Cattle on Feed report failed to give Live Cattle bulls much good news. Feed numbers were 101.4% over last year at this time, even with corn at multi-year highs. More importantly for nearer-term futures – specifically February and April – was the on feed over 120 days number, which came in at 136.3% over last year. Read More....