Cattle Futures’ Long-Term Market Outlook Cattle Range October 13, 2023 - Cattle Futures’ Long-Term Market Outlook… Comprehensive Cattle Market Information & News
Why are feeder cattle futures so high?
The study found that being male was the strongest predictor of disproportionate beef consumption. A shrinking U.S. herd and robust demand for beef has pushed feeder cattle futures to new highs. The futures have gained 5.4% in the past month and 41% this year as drought and repercussions of a Covid-19-era culling of the he
Where are beef cattle raised?
U.S. beef cattle are raised in all 50 states; however, cow/calf operations producing feeder cattle are centered around areas containing low cost, high quality forage topography. Whereas feedlots producing finished cattle are generally located in regions where a variety of feed grains are readily available.
