As we move into fall, we have a pretty good feel for the size of the 2022 corn crop. Acreage is down significantly from last year and yield projections were reduced by almost 3 bushels this month to 172.5 per acre. After spending some time below $6 per bushel this summer, CME© December corn futures are in the upper $6 per bushel range. Barring a major shock on the demand side, feed prices are going to be a challenge for cattle operations this winter. So, I wanted to briefly talk through some implications of high feed prices on feeder cattle marketing and management.
University of…
