High Beef Cattle Prices Means High Profits
Published September 24th, 2010
There are some positive signs in the economy...farmers are seeing a ten year high in beef cattle prices. The demand for hamburgers and steaks has been high for a while but over the past few years the cattle supply has decreased nationwide. This has made for the increase in beef cattle prices and greater profits for area farmers. Consumers would normally expect the high prices to trickle down to the grocery store but the middlemen actually tries to keep the prices consistent meaning sometimes they make more money than others. The high cattle prices are expected to continue for a few more years.
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