As we move into June, cattle markets are transitioning into summer mode, reflecting seasonality and a myriad of other factors which are currently impacting markets.Market impacts vary across different classes of cattle.
Steer calf prices posted a double top in February and again in early April with the outbreak of the war in Ukraine causing a counter-seasonal dip in March. The decrease in calf prices in April and May is expected seasonally but the decrease has been more pronounced than usual. For example, prices for…