Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — As we move into June, cattle markets are transitioning into summer mode, reflecting seasonality and a myriad of other factors which are currently impacting markets. Market impacts vary across different classes of cattle. Steer calf prices posted a double top in February and again in early April with the outbreak of the war in Ukraine causing a counter-seasonal dip in March. The decrease in calf prices in April and May is expected seasonally but the decrease has been more pronounced than usual. For example, prices for 500-pound steers in…
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