Mulrony Hopes To See Stability In 2023
When it comes to the year ahead, Cameron Mulrony, Executive Vice President of Idaho Cattle said he’s looking forward to moving past 2022, which he called volatile.
“You know we had our high points and our low points. We saw liquidation in the spring due to drought conditions and high feed costs. And just the dynamics of the cattle market then led for higher prices in the fall for our calf crop.”
Mulrony pointed out one of the many things unique about 2022, producers saw prices increase for cull cows.
“Our old cows that are no longer reproductively ready to go, even those prices have risen, and were pretty high through the summer. And they have held pretty steady. So you know those are typical dynamics of a of a low cow supply but it puts a little bit of leverage back in our basket as a as cow calf producers.”
Mulrony said as we get into the heart of 2023, he’s hopeful Idaho will enjoy a wet spring to improve forage conditions, thus reducing some of those elevated input costs. He added he’s also hopeful producers can enjoy improved margins in 2023.
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