Time to put on your suit and tie or that pretty dress and hit the town. Upscale dining in the city means two things: a beautiful night out and marvelous food with friends, family or that special someone.
The two-week skid came after margins topped out at $381.70 per head for the week ending August 2. The decline is well below the $280.55 per head price from a month ago, but significantly higher than this time last year when feedlot margins were losing $41.58 per head.Fed cattle prices continue to decline, dropping to $154.69 per hundredweight last week.he two-week skid came after margins topped out at $381.70 per head for the week ending August 2. The decline is well below the $280.55 per head price from a month ago, but significantly higher than this time last year when feedlot margins were losing $41.58 per head.
Basis up to and including harvest the last five years ranged from -40 cents in the aflatoxin year of 1998, to +7 cents, a range of 47 cents, or a difference of $70 an acre on 150-bushel corn. A concern that needs to be addressed in using basis contracts is that it can impact marketing loan eligibility.