AS the drought impact continues to roll on across US cattle producing areas, US cow-calf operators are beginning to experience a price boom in young cattle not unlike that seen in Australia during similar conditions in 2021 and 2022.
In its daily livestock report issued overnight, analyst Steiner Consulting suggests that cow-calf returns for cattle producers on the US Southern Plains are now rivalling prices last seen nine years ago, in 2014.
The US Livestock Marketing Information Centre updated its cow-calf returns last week, suggesting stronger than anticipated calf prices have…