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Hindsight is 2020, but the future is 2021 - Is the worst of the COVID impact on the cattle market behind us? We don't know with certainty at this point, but the current marketplace is showing a little more optimism as prices started to trend in the right direction at the end of 2020. The backlog of fed cattle have mostly been worked through to start 2021. Slaughter cattle prices and cattle markets in general were subdued most of last year due to supply chain issues as well as overall market concerns ...
US Hog Numbers - The USDA released the December 1st Hogs and Pigs Report in late December, and the report was generally in line with pre-report estimates. Hog numbers, somewhat similar to cattle, show ample supplies of market hogs for the first quarter of 2021 but does point to slightly tighter supplies further into the year. Market hog numbers are slightly below a year ago ...