University News Release

This information was provided by a university news service.

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The feeder cattle market is on the rise while exports continue to hold strong.
Domestic market growth could be coming to a standstill.
Feeder cattle are losing leverage thanks to large seasonal influx, but margins are still holding.
Cattle temperament plays a large role in performance.
Fed cattle market is on a slight decline while other markets hold steady.
Fewer cattle entering the packing plant means less beef in the freezer.
For the 21st month in a row the amount of cattle on feed has decreased from the previous year.
The beef market continues to chug along at a record pace.
Cattle prices have started to moderate after reaching unexplained record highs in the first four months of the year.
Beef exports have continued to rise at a rapid rate, while domestic demand has been steady.