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(Tommie SheperdAgribusiness Economist)

As 2021 heads into the home stretch it looks as if forecasts for improving cattle prices may finally materialize as several developing trends finally begin to come together. Higher slaughter rates, lower animal weights, and a smaller calf crop in 2022 all signal a tightening of supply. In this article, Tommie Sheperd covers current market trends as well as feeder calf price projections.