The first half of 2022 is in the books. The general direction of cattle and beef market forecasts for this year has not changed but annual forecasts have been modified by the way the first half of the year has played out; with implications for a significantly different second half of the year. If the forecasts are to be realized, several factors will be significantly different in the third and fourth quarters compared to the first half of the year.
Beef production is projected to decrease year over year in 2022 from last…
