By Angus Brown | Source: NLRS, Trade
There has been conflicting messages coming out of cattle markets lately. On one hand we have record young cattle prices across the eastern states, while on the other hand processors are talking about how cattle are too expensive and ‘something has to give’. At this stage, grainfed cattle markets have given a little, but remain historically very strong, and good feedlot margins continue to drive demand for feeder cattle.
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