The cattle industry is seeing positive prices and that should continue. NDSU Extension Livestock Economist Tim Petry was part of the university’s market outlook webinar Thursday and said the markets are trending higher. “Our highs have been in 2005 and 2015 so if we look at a ten-year cycle and continue on that path, our next cyclical high would be in 2025,” said Petry. “It looks like a couple more good years ahead of us barring some catastrophe.” That same trend is also being seen for feeder cattle. “Our calf crop will be lower than it was last fall and the fall before so as long as demand holds we’ll have fewer to sell and better times ahead.”
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