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Beef economist Harlan Hughes writes that the U.S. beef price cycle is about nine years old and nearing its end. He urges ranchers to plan for the next phase, noting that herd expansion after the 2014 price peak affects future returns.
Expectations of a turn in the cattle cycle shape herd retention and marketing decisions, which influence future cattle supply and prices.
beefmagazine.comHarlan Hughes 2Jan 18, 2018Not 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.
