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Cattle are still holding near the highs, but there’s pressure building underneath this market that doesn’t show up on the chart yet. Rising energy costs, firm feed prices, and outside pressure on producers are starting to stack—and that could tighten margins faster than most are expecting.

In today’s Boots & Bushels, we break down what’s actually changing, where the pressure is building, and what producers need to be watching next.

From crude oil pushing higher to feed staying firm and weather still sitting as a major swing factor, this is one of those setups where everything looks strong on the surface—but underneath, things are starting to shift.

If you want daily updates on the markets that feed America, make sure you’re subscribed to Boots & Bushels.

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