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To begin the year, cattle feeder markets have moved higher and beef markets have reflected the seasonal post-holiday shift in preferred cuts. University of Tennessee ag economist Andrew Griffith says
Last weeks weekly cattle on feed report, drove prices higher despite consumer concerns of higher priced beef.
Demand for beef is still high as prices rise, but one number not going up is production.
The cattle market finished the week on a high note, following the recent Cattle on Feed Report.
The cattle market finished the week on a high note, following the recent Cattle on Feed Report.