It’s been a long winter for cattle producers in the Western United States, as a historic drought has continued and hard choices have had to be made about herd size. Though some precipitation has come, the overall conditions remain dry, and as supply dwindles, producers see signs that later in the year, prices will likely climb… if they have cattle left to sell.
Today we’ll catch up with DTN Livestock Analyst Shayle Stewart, to learn more about the latest news and put all of these issues in a wider context.
We’ll talk about consumer demand and inflation, how feed prices and availability are influencing decisions, and how progressive producers are getting through. Plus we’ll hear an update on cattle price transparency and get an outlook on what might be ahead in terms of summer demand.