Building off of near record high beef prices and strong consumer demand, continued progress is expected and on track for the beef cattle industry in 2022, according to a report spearheaded by CattleFax. The highly anticipated CattleFax Outlook Seminar recently shared market analysis with regional weather impacts at the recent 2021 Cattle Industry Convention and NCBA trade show in Nashville. Drought remains a big concern with deteriorating pasture and hay field conditions in the Northern Plains and West, however the latest bounceback from the pandemic has helped secure an optimistic future. See what industry trends and insights were shared.
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