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Careful optimistic direction for 2022

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Careful optimistic direction for 2022

Agricultural economists say there is a pretty good market signal for 2022 on beef and pig prices.

“I think I’m pretty optimistic when I put a bow around it,” said Glynn Tonsor of Kansas State University.

“We are in strong demand for years now,” says Tonsole. “Demand-side fundamentals are very strong and there is a very strong signal that supply-side support will improve, especially on the beef and cattle sides.”

But he says there are some concerns about the brownfield. “Regulatory uncertainty is increasing,” he says. “That is, what happens to become an operator in regulation, whether it’s the person who runs the feedyard or the packer. That level of uncertainty gives me a pause.”

Tonzer says labor problems and the ability to sustain strong consumer demand are increasing uncertainty.

Audio: Grin Tonzer



Careful optimistic direction for 2022

https://brownfieldagnews.com/news/cautiously-optimistic-heading-into-2022/ Careful optimistic direction for 2022

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