Exploring the Traditional Midyear Cattle Market Price Decline

Posted on 03/09/2017 10:23 AM
Live cattle prices set records around $172.00 in November 2014, then set back into early 2015. Last year's spring rally topped out just below $168, with the subsequent seasonal decline carrying prices below $150 by Independence Day. However, instead of undergoing the usual second-half rebound, prices accelerated downward. They dipped a...