An ag economist says there are some pretty good market signals heading into 2022 for cattle and hog prices.
Kansas State University’s Glynn Tonsor says, “if I put a bow around it, I would say fairly optimistic.”
“We now have multiple years of strong demand,” Tonsor says. “The demand side fundamentals are pretty robust and we have pretty strong signals that supply-side support is going to improve particularly on the beef and cattle side.”
However, he tells Brownfield there are some concerns.