Posted by on 26 Apr 2009 at 8:35 pm under Cattle, Meats
Cattle prices are likely to improve in the long term, according to Purdue University Extension marketing specialist Chris Hurt.
“The magnitude of price improvement may be robust at some point in 2010 as beef cow numbers continue to drop, beef exports continue to improve, and the world economy begins to heal. A return to finished cattle [...]
Corn acreage in the United States is down and soybean acreage is up for 2009, according to the U.S. Department of Agriculture Prospective Plantings Report. But the shift is not as great as the markets expected.
According to Matt Roberts, an Ohio State University Extension economist, high fertilizer prices, high input costs for corn, and poor [...]
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