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Extension economists project firm calf and cattle prices for 2023 due to tight supplies and steady demand. They warn that drought and potentially higher feed costs could limit producer profits.
Tight calf supplies support cattle prices, while high corn costs from feed demand could pressure feeder margins and feed buying.
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.