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University of Kentucky specialist Kenny Burdine outlines three questions that will shape the 2022 calf market. The questions cover how high fed cattle prices will go, what feed prices will do given South American crop concerns, and the outlook for calf prices.
He remains bullish and expects a strong spring calf market.
Fed cattle price peaks and feed costs drive feeder and calf values, so the outlook points to firmer cattle prices if fed prices hold. It is analysis and commentary rather than a new supply or demand event.
u.osu.eduSmith atJan 12, 2022Not 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.
