2016 Outlook: Expect lower cattle prices and modest profits

While calf producers are closing the books on the second most profitable year in history, livestock analysts say to expect lower prices for your calves next year. Lower, yes, but calf and yearling prices in 2016 will still offer good profits for most ranchers.

"We"re at cyclically lower cattle prices, probably at least through 2018, and maybe through 2019," says Jim Robb, Livestock Marketing Information Center agricultural economist, Denver, Colo. But as the environment shifts away from what calf producers experienced during the post-drought period of escalating prices in recent years, Robb says producers can expect a return to "more normal" seasonal price patterns.

Read more at AgWeb.com.


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