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Rabobank's Global Animal Protein Outlook for 2022 expects cattle prices to stay high in the short term before easing through the year. Australian beef production and exports are forecast to rise about 5%, as the cattle herd rebuild remains slow.
Rising beef output and gradually easing cattle prices point to softer livestock values later in 2022, while strong feed availability supports producer demand.
beefcentral.comEric BarkerNov 25, 2021After 144 past bearish report events, Live Cattle moved a median -0.1% over 5 sessions (49% higher; middle half -1.1% to +0.9%), and +0.5% over 20.
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.
