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DTN reports cattle prices have broken through a two-year ceiling as the beef herd liquidation cycle nears its end. A smaller cow herd is expected to give cow-calf producers more pricing power in 2022.
Drought in northern regions remains a concern.
A smaller cow herd and tighter feeder supply support higher cattle prices going into 2022. Feedlot input costs will rise alongside those prices.
dtnpf.comDec 23, 2021Not 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.
