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Last year's market was characterized by low inventory levels and dominance of high-value transactions. As we approach the midpoint of 2024, where does the market stand now?
Quality commanded a premium in 2023, while coming uncertainty may bring less urgency and greater price sensitivity to the market. While caution is prudent, increasing positive sentiment over cooling inflation could become a significant driver leading to increased transaction volume.
Please join us in a look at the state of the market, what the lending market holds, our auction stories, and how our management team adjusts and provides in an ever-changing world. Then, dive a little deeper as new owners navigate revolutionizing the cattle ranching business; we look at our 2023 sale numbers and again bask in beautiful imagery. We look forward to continuing the journey with you in 2024!