Serving the High Plains
Serving the High Plains
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FORT SUMNER — Cattle prices will be higher in 2023. That’s the consensus of market analysts across the industry. How those higher prices translate into rancher profitability is yet to be determined. That’s because the current “once-in-a-century” drought is worse than the previous “once-in-a- century” drought producers experienced a decade ago. “Cattle prices are higher and will continue to trend higher in 2023,” says Derrell Peel, Oklahoma State University livestock economist. “At some point, when drought conditions abate, increased heifer re...