Marketed beef prices are expected to continue climbing in 2024 as herd contraction and robust domestic demand drive up values, according to Lee Schulz, an Iowa State University (ISU) Extension and Outreach agricultural economist.
Schulz estimates feeder cattle prices will range between $246 and $264 per hundredweight in the first six months of 2024.

For fed cattle, Schulz anticipates prices between $184 and $187 per ...