Cash cattle prices lost another $2 per cwt. last week, a decline of $7 over two weeks. Coupled with higher input costs on feeder cattle, the decline feedyards with an average $22 per head loss last week.
The most significant policy issue of 2018 looms large over the outlook for the new year. Ag leaders of both parties say actions on trade in the first half of 2019 will decide agriculture’s fate for years to come.