October 30, 2014

Cattle Commentary

Posted 10/29/14

It is about time packers took a stand. Today’s kill, typically the largest of the week, fell to 102,000 head. The three analysts who publicly release daily numbers, which includes Allendale’s, were assuming a normal 114,00 day run. The issue here is of course margins. The past four weeks have seen some sharp losses develop as cash cattle advanced without the follow-through support from the beef end…

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    Allendale Advisory Contributor:

    Rich Nelson

    Rich Nelson

    Rich started with Allendale in 1997 after graduating from Western Illinois University with a degree in Economics. Rich represents Allendale’s advisory products through print, radio and television apperances.

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