A new report out by Rabobank says cattle prices were strong through the first quarter of 2022 but the fourth quarter may be something different.
Cattle prices
Cattle prices across the seven major exporting countries remained strong through quarter one. Low inventory and favorable seasons in Australia continue to support cattle prices, while firm consumer demand supports USA prices despite the higher-than-expected production and cattle on feed numbers in quarter one resulting from dry conditions. We have adjusted our outlook…
