What are Video Auctions and CME Futures Telling Us about Fall Feeder Cattle Prices? with Elliott Dennis

Drought conditions contributing to uncertainty in forage quality, as well as high grain prices, have lowered feedlot demand for feeder cattle in the U.S. What might this mean for prices in the fall? Elliott Dennis, assistant professor in the Department of Agricultural Economics, discusses video auctions, CME Futures and what factors can influence the price of feeder cattle as fall approaches.