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Purdue's Center for Commercial Agriculture projects cattle finishing net returns for 2022. Net returns were positive at the end of 2021 due to strong fed cattle prices.
Feeding costs are expected to stay above $100 per cwt in the first half of 2022 because of high corn prices.
Positive feeding margins support continued cattle placements and feed demand, while high corn prices keep feeding costs elevated. The analysis is a projection and does not signal a new market shock.
ag.purdue.eduSarah E ZahnJan 7, 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.
