The year kicked off with a cattle inventory estimated to be down 2%, thanks to a 2021 calf crop down 2.3% from the previous year, due largely to the pressures brought on by drought and high input costs for feed, fuel, fertilizer and labor. This Market Intel provides farmers and ranchers with a snapshot of what is happening to the U.S. cattle herd as we head toward the finish line of 2022.
Drought & Input Costs
Drought and high input costs are impacting the marketing and processing of cattle. Drought had a significant impact on pasture and rangeland this summer, especially in the West…
