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2022 Cattle and hog sector outlook

Reference: FCC

FCC Economics helps you make sense of the top economic trends and issues likely to affect your operation in 2022.

The three major trends to monitor for cattle and hog operations include:
  • China’s red meat imports and its efforts to rebuild its pig herd
  • Feed costs
  • Stabilizing red meat demand
It will be another year of split margins in the cattle sector – positive for cow-calf and pressured for feedlots. Prices will rise year-over-year (YoY) and be better than their respective five-year averages (Table 1). But, continued growth in feed costs has taken — and will continue to take — a big bite out of profitability... Read More