21. Feeder cattle futures rose as lower feed costs raised competition for the young animals available to place into production. 22. Feeder cattle futures sank amid concern that rising feed costs will decrease the profitability of raising the animals to slaughter-weight, dampening demand for the young cattle. 23. Feeder cattle rose on expectation that demand for the young animals would increase as cheaper feed costs boost profits for feedlots. 24. Farmers likely expanded their herds as falling feed costs increased profitability of raising hogs, analysts said. 25. Feeder cattle futures rose as expectations for lower feed costs increased demand from feedlot operators looking for young animals to fatten for slaughter. 26. Feeder cattle futures rose as expectations of lower feed costs increased demand for the young animals. 27. Feeder cattle rose on expectations that lower feed costs will increase demand for the young cattle. 28. Feedlot operators have expanded their herds as relatively low feed costs encourage production. 29. For poultry producers Tyson and WLR Foods Inc., that means higher feed costs and lower profit margins. 30. For the past several months, feedlot operators have increased purchases of young cattle as lower feed costs boosted margins for raising the animals to market weight. |