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Born and raised on an Idaho feedlot, Justin Lake now manages yearlings on a large Wyoming stocker operation and runs his own Idaho cow/calf operation.

Beef prices are surging worldwide, taking meat off the menu in steak-loving Buenos Aires and spoiling summer barbecues in the United States as Chinese imports rise and the cost of feeding cattle soars.

Oklahoma cattle producers saw premiums for preconditioned calves last year, but a series of disruptions were evident in the collected data and displayed irregularities not seen in a typical year.