Home 5 Ag Stories Lower feeder cattle prices expected by summer

Lower feeder cattle prices expected by summer

Photo by Ben Nuelle

We are in a time of estimates from government conferences and reports.

The United States Department of Agriculture (USDA) yesterday released its estimates for corn and soybean acreage, predicting 90 million acres for both crops this growing season. USDA today will release its monthly Cattle on Feed report based on February 1 data.

The cattle market is one of the longest running, profitable enterprises in agriculture, and the numbers keep growing. Jim Robb, of the Livestock Marketing Information Center, shares his predictions for the report with Ron Hays, Radio Oklahoma Network farm director.

AUDIO: Profit Matters 2-23-18