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The University of Georgia extension outlook for 2024 expects beef cattle prices to rise year over year on tight supplies and stable consumer demand. Risks include consumers pulling back from high-priced beef and input cost uncertainty.
Expected tight cattle supplies support higher feeder and fed cattle prices through 2024, while demand pullback is the main downside risk for feed buyers to watch.
fieldreport.caes.uga.eduBen Campbell, Yangxuan LiuJan 22, 2024fieldreport.caes.uga.eduBen Campbell, William SecorJan 22, 2024fieldreport.caes.uga.eduBen Campbell, William SecorJan 22, 2024fieldreport.caes.uga.eduBen Campbell, William SecorJan 22, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
