CattleFax expects more stability in beef markets this year
After two consecutive years of lower cattle prices, industry experts expect the cattle market to be more stable in 2017.
"It’s been one of the most volatile times in the history of our industry," said Randy Blach, CEO of CattleFax at the National Cattle Industry Convention last week in Nashville. "But it’s not just been about cattle. Grains, cattle, dairy, poultry … all have been under tremendous pressure.
"After the ag market shocks of the past year and an approximate correction of 50 percent in all commodity markets, prices are beginning to stabilize," he said. "That ...
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