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Sponsored in part by Copyright 2018 Steiner Consul ng Group, DLR Division, Inc. All rights reserved. Vol. 16, No. 210 / October 24, 2018. Steer Weights. 5-day WEIGHTED moving average Fed ca le futures were lower yesterday but li le seems to have Ca l cul a te d Us i ng Ma nda tory Pri ce Reporti ng Da ta for Negoti a ted a nd Formul a ted Net Tra des . Stei ner Cons ul ti ng changed in terms of market direc on. Winter and early spring futures have 940. gained considerable ground in the last three months and prices con nue to 930. hover not far from contract highs. There was nothing par cularly alarming for 920. the beef market from the last Cold Storage' report while COF data was quite 910. suppor ve. One need only look at what beef rib prices are doing these days to understand why some end users jumped early to put some product away in cold 900. storage. It is clear that during certain mes of the year, and especially going 890. into Christmas, there are not enough ribs to sa sfy demand.

Vol. 16, No. 210 / October 24, 2018 Fed cale futures were lower yesterday but li ©le seems to have changed in terms of market direcon. Winter and early spring futures have

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