A 2019 beef price forecast points to a tale of two halves.
CattleFax VP of industry relations Kevin Good says fed cattle placements ended 2018 about 300,000 head lower.
“We kept a larger percentage of last fall’s calf crop outside of feed yards that are going to be coming back into the feed yards at some point in 2019.”
Good predicts more fed cattle will enter the market between March and June.
Continue reading 2019 beef price outlook: “tale of two halves” at Brownfield Ag News.
