2023 could be quite a year in the cattle markets for profits and losses. That’s what a new report out from HTS Commodities shows.
Tightening cattle supplies could be an asset for feeder cattle and live cattle prices. However, a recession and high interest rates could be problems for the industry.
Cattle supplies is one side of the equation and demand is the other part of the price equation. As the USA economy weakens, HTS Commodities believes that demand related pressures will come from the packing side of the business. These demand…
