LIVESTOCK MARKETS: Cattle markets can recover

Feedlot marketings more current, and retail beef prices should come down, so there is renewed hope for recovery in cattle prices.

Purdue University livestock economist Chris Hurt said lower cattle prices have been the story this spring and summer.

“Beef supply has been large due to heavy placements of heavy calves and the beginning of more females coming to market as herd expansion may be slowing,” he said. “Retail beef prices have been slow to come down, and this has limited consumer purchases of beef in relation to abundant pork and poultry supplies.”

Finished cattle prices have been on the skids sin

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