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High Beef Prices Major 2022 Topic

LIVESTOCK OUTLOOK

January 2022 is going to start out with packers and processors having many of the same troubles that are slowing industries across the globe, Coronavirus is surging keeping workers from the labor force to management from working.

High prices for beef will be a major topic in 2022 as consumers who are already starting to fight high beef prices become more vocal.  There will also be competition for international exports.  This comes at a time when U.S. cattle and hog inventories are down with COVID is surging and global tensions are building.

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