Under the Wire
October 6, 2021
Why can’t everything go right at the same time just once? This cattle business gets kind of frustrating sometimes.
Here we are with the best cattle prices for quite awhile. Good old supply and demand seems to be in our favor. Grain is a little cheaper these days so feeders could justify higher cattle with less expensive gains. Just as it looked like we had it made, we hit a snag.
Drought around the country has kind of knocked the props out from under the cattle business momentarily. The fear of short feed supplies sends ripples through our cattle markets.
Packers and commodity t...