Look back and learnings from the 2021 cattle market.

This is a reflection of the backlog of fed cattle and the extended trailing effect it had on depressing cattle prices. B Look ahead b Cattle supply and beef demand expectations for 2022 are optimistic as the national beef cow herd declines due to drought conditions in the northern and western parts of the country. Starting in March 2020, disarray set in motion a chain of events leading to the fed cattle backlog from plant closures slowing the supply chain throughout 2021. [Extracted from the article]