I was just reading financial news at Bloomberg. Seems like all of a sudden everyone is an expert on agriculture.

One point that was made that even pulling Russian exports out of the picture, the world ending stocks to use ratio will not be very different than the past few years...at least according to the analyst on Bloomberg.

There has been little or no mention anywhere of the effect of the Russian export halt and rising wheat, corn and bean prices on US cattle prices.  Obviously for feeders costs are going up but will live cattle prices go up along with grain prices?

Jim at Dawn