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03
Tuesday
February 2026
15 min read

Feb. 3: Customer intelligence, HELOC, Uplist’s recapture, construction products; rates are driven by markets; IMB hallway report

Our meat prices have gone up… Cattle herd numbers at a 75-year low. There ain’t nothing Jerome Powell or the Fed can do about drought and high grain prices. To deal with rising operating costs, many U.S. cattle farmers reduced the size of their herds, and some got out of the business altogether.

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