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Feeders plummet, rebound on New World Screwworm rumors | Channel Final Bell with Austin Schroeder | May 27, 2025
Published 1 year ago
Description
Feeder cattle plunged over $6 on rumors of a New World Screwworm detection in the U.S. that was debunked by the USDA. Meanwhile, wheat finished sharply lower on improved weather and crop conditions.
Austin Schroeder with Brugler Marketing and Management recaps Tuesday's factors.
Topics:
- Favorable weather and improved conditions
- USDA crop conditions
- Beef demand post-holiday