Cattle at stratospheric prices

Cattle at stratospheric prices

All sectors of beef industry enjoying high prices, but anxiety mounting over what happens next.

FOR the cattle market, prices in every class of cattle are currently in the stratosphere, Don Close, Rabobank vice president of food and agribusiness research, told Feedstuffs.

It is tough to benchmark this year's cattle market events because the market has entered a new frontier.

In general, overextended cattle prices are always vulnerable to a correction.

In a normal year, the pricing models

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