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Supply and demand has a significant impact on beef prices and 2022 will be no different. Inflation is causing higher beef prices for consumers, which could have an impact on demand. A shrinking cow herd offset by growth in beef-dairy crosses will affect supply.
In this BoviNews Chat, Brian Earnest from CoBank goes through a forecast for the 2022 beef market and an analysis of the factors that will impact beef prices going forward.
By BoviNews5
44 ratings
Supply and demand has a significant impact on beef prices and 2022 will be no different. Inflation is causing higher beef prices for consumers, which could have an impact on demand. A shrinking cow herd offset by growth in beef-dairy crosses will affect supply.
In this BoviNews Chat, Brian Earnest from CoBank goes through a forecast for the 2022 beef market and an analysis of the factors that will impact beef prices going forward.