The cattle futures market looks bright.
Close to record high inventories with strong placements. One week to think about it and then the futures market reacted hard.
All areas of the beef industry continue to see higher price gains.
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Western Corn Belt still covered by drought.
Stocker and backgrounding operations have been foaming at the mouth to secure the inventory needed to harvest spring grass.
By the numbers, cattle producers with summer stockers and cow-calf operations should be experiencing a bit less stress about the market this year.