Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 11/7/16

Some are saying this is the most volatile cattle market ever. An evaluation of that statement would take considerable number crunching, but everyone can agree that few expected cattle prices to go above $170 per hundredweight in late-2014, and then to fall below $100 in mid-October 2016. That was an incredible decline of $75 in about two years.

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