A grain market analyst says the cattle sector is one to watch from all sides this year.
Matt Bennett with AgMarket.net tells Brownfield the cattle markets have had a stellar start to 2023.
“April cattle set a contract high yesterday and that was on a day where the corn market was up. I think that is a feature we may continue to see moving forward.”
He says if pasture conditions allow ranchers to retain heifers this spring, “Then you are looking at a cattle market that could absolutely be on fire.
Analyst says cattle market could be “on fire” this year
