By Dave Foster
Cattle Producers of Louisiana
The month of March ended with the “fat cattle” market finally moving higher after seven weeks at $114.00 cwt. Feeder and stocker cattle prices have increased most of the month of March. We had an early April Fool scare with USDA, NASS Crop Planting Intention Report showing both corn and soybean acreage estimated lower which sent the CME Feeder Cattle Futures market lower on March 31. We will have to wait and see what happens.