The latest Cattle On Feed Report shows that feedlot placement is up 2% from last year. Many expect the rise to continue as cattle imports from Mexico have resumed.
Extension economist with Mississippi State University, Dr. Josh Maples spoke with RFD-TV’s own Suzanne Alexander on some of the highlights, contributing factors, and what to keep an eye on moving forward.
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Cattle and hog supplies continue to tighten while dairy output expands, creating a split outlook in which red-meat prices soften and milk values come under pressure from larger supplies.
