Cattle Outlook 2024. Price target for 2023 is circled, as a likely range should beef demand hold strong. Cattle prices dip but tight supplies remain supportive.
Although they’ve recently fallen, cattle prices for all categories except ontario 850 lb. See the latest livestock, dairy, and poultry outlook report.
Fed Cattle And Most Classes Of Feeder Cattle Saw New Record Prices By Summer And Are Poised To Continue Higher In 2024.
Cattle producers are coming off a year of record high prices in 2023.
Outlook Rising Beef Production And Opportunities For.
Cattle prices dip but tight supplies remain supportive.
If We Believe It Is Just Starting (I.e.
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Cattle Prices Moved Sharply Higher In 2023.
The outlook for 2024 beef production is raised by 130 million pounds to 26.455 billion pounds.
Cattle Prices Are Projected To Trend Higher In 2024, Benefitting From A Shrinking National Herd And Strong Demand For Available Cattle.
That rally ended abruptly in the fall of 2023, with prices erasing most of those early gains by year end.