Cattle prices ride the recovery upward
URBANA, Ill. — A host of economic indicators suggest that the recession has ended — with more positive than negative signs for the U.S. and the world economies — signaling a recovery for the cattle industry as well. “Unfortunately the beef industry rode the recession downward. So far this year, through the month of September, beef production has been down by 5 percent, but finished cattle prices have been almost $11 lower than in the same period last year,” said Chris Hurt, Purdue University
Posted on October 24th, 2009 in Main Content |