Arab Today, arab today cattle prices are expected to rise
Last Updated : GMT 19:09:42
Arab Today, arab today
Arab Today, arab today

Cattle prices are expected to rise

Arab Today, arab today

Arab Today, arab today Cattle prices are expected to rise

Illinois - UPI

U.S. cattle growers who weather high feed prices now will see increased profits next year and beyond, a Purdue University agricultural economist said. The price of cattle feed and the price of cattle are linked, but also on separate cycles, Purdue Extension economist Chris Hurd said. With a serious drought affecting much of the nation\'s corn and soybean growing areas, prices for cattle feed are on the rise. Corn prices have risen 60 percent since mid-June while soybean meal prices are up 25 percent, a university release noted Wednesday. Those high prices and poor pasture conditions are forcing many cattle owners to reduce their herds and the glut of cattle for sale is undercutting the price of beef. \"In the wake of high feed prices and uncertainty regarding forage availability, calf and feeder cattle prices plummeted,\" Hurt said in a statement. \"This year\'s drought likely means further decreases in cow numbers over the next 12-14 months. The impact of the drought is just beginning to show up in some of the national data. We do know the direction, but not the final magnitude,\" he said. Hurd, however, predicted the reduction in herd sizes this year will result in tight supplies for the next three years. \"The short-term losses of the next 12 to 14 months will be replaced by large profits in late-2013, 2014 and 2015,\" he said. The U.S. Department of Agriculture said herd sizes have fallen 3 percent in the past 12 months. Furthermore, the 2012 calf crop is expected to be down 8 percent from 2006. Meanwhile, steer prices in Oklahoma, to use one example, have fallen by $35 per hundredweight since mid-June. For a 550-pound calf, that\'s a drop of nearly $200, the release said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cattle prices are expected to rise Arab Today, arab today cattle prices are expected to rise

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday