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Oklahoma State's Derrell Peel says cattle markets are moving past the pandemic disruptions that began about 18 months ago. The fed cattle breakout followed packer capacity constraints.
Higher input costs and drought are flagged as 2022 challenges.
Fed cattle prices breaking out of packer-constrained levels support cattle prices. Higher feed and input costs will squeeze feedlot margins.
wlj.netDerrell S. Peel, Oklahoma State University Extension livestock marketing specialistDec 3, 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.
