 A livestock economist says farmers should take a moment to appreciate the cattle market. Brownfield's Megan Grebner has more from the National Cattlemen's Beef Association's summer business meeting. When we get to these new all-time plateaus, we're here, enjoy it. Don Close with Terrain says the cattle market has shown incredible growth over his career. I took the price where Fed Steers were trading when I first started in the business.