By Stephen R. Koontz, Department of Agricultural and Resource Economics, Colorado State University Fed cattle markets have moved into and through April on a very strong upward trajectory. The prior high in the live cattle futures market of 2.75 established in November 2014 was broken. The April 2023 live cattle contract will likely settle above the prior record high and the deferred contracts expiring in February, April, and June of 2024 are currently trading above the prior record. These prices are clearly communicating the current strong demand and anticipated tighter future supplies. The cash market is moving with futures and...

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