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With cattle prices at record high levels and many forecasts projecting relatively high prices for the next couple of years, some producers think they can do no wrong.

United statesUniversity of illinoisEric mauschIllinois farm business management associationDepartment of agriculturalUniversity of missouri extensionMissouri extensionGolden ruleIllinois farm business managementConsumer economicsProduction forecastsThe economyOb market