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Livestock outlook from Lee Schulz says the smaller 2022 calf crop means fewer cattle will reach market in late 2023 and 2024. It points to beef cow numbers, heifer retention and calf crop as the key indicators of long-term supply.
Reduced cattle marketings in late 2023 and 2024 point to firmer fed and feeder cattle prices over the medium term, which matters for feed buyers planning cattle-feeding demand.
farmprogress.comLee SchulzFeb 17, 2023Not 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.
