The last several weeks of 2022 and this first week in 2023 have seen two substantial storms – delaying holiday travel yes – but also putting substantial moisture in the mountain west, some in the southern plains, and more in the northern plains and upper Midwest. It will be some months before the moisture is needed but simply the availability is good news for the drought-stricken cattle and forage markets.
While it is often a good idea to ignore price signals given in the thinly traded holiday period, but what small calf prices have done is rather noticeable. 4-5 cwt calves in the…
