Cattle prices have been at historic levels this summer. KRose Company owner Karoline Rose says something unusual is happening and prices could move even higher. “Some big players, especially in this northern country, have not raised their hand and they’re not buying on these video auctions or contracting calves in the country yet.” Those sales will eventually happen. As a result, Rose believes these cattle prices will hold through August, September and potentially into October. The cattle herd has been slow to rebuild and interest rates could be a factor. Listen to the full interview with Karoline Rose here.
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