As World Celebrates New Year, American Cattlemen Celebrate New Trade Deals

(NCBA) — National Cattlemen’s Beef Association President Jennifer Houston issued the following statement regarding the new trade deals with Japan and the European Union (EU), which go into effect on New Years Day: “As the clock struck midnight and revelers around the world popped champagne and toasted the new year, American cattle producers had two big reasons to celebrate. That’s because the New Year brings new opportunities and better access to two of…

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A Strong Finish to the Year

Stephen R. Koontz, Department of Agricultural and Resource Economics – Colorado State University Without a doubt, the cattle markets are closing the year far stronger than I expected.  Live cattle futures have pushed into new highs and cash fed cattle prices are back to tracking the price levels and seasonal patterns of last year.  There were some unique market drivers that I discussed last month.  Most are still present, are not typical, and…

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