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Analysts across the US cattle industry expect a long-awaited bull market in 2022 as prices turned higher in late 2021. Demand for beef was strong throughout 2021, and declining cattle numbers are cited as the main factor supporting improved prices.
Expectations of falling cattle inventories and steady beef demand support higher fed and feeder cattle prices into 2022.
agupdate.comRYAN CROSSINGHAM, EditorDec 21, 2021Not enough comparable past events yet for a historical read.
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.
