Cattle feeders remain frustrated as market fundamentals suggest the market is ready to rally, but packers continue to dig in their heels.
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Analysts says there isn’t much excitement in cattle markets thanks to an economy that has consumers “buying T-bone steaks instead of pork chops” but the market could turn upside down by the Spring.
Cattle markets have remained at record highs thanks to fewer numbers and high demand.
Weather continues to have an influence on the cattle market as adverse weather like the most recent “bomb cyclone” to hit the Midwest slow the rate that fed cattle are finished.
Just about every cattle producer with a pickup truck also has a stock trailer to connect to it, but many don’t give their trailer a lot of thought.