Strong cattle market puts a premium on management

As U.S. cattle farmers continue to rebuild the national cattle herd, there are risks, especially when farmers are seeing record prices, an economist told farmers recently at the 2014 Iowa cattle industry convention held in Des Moines.
“The supply side is clearly the major driver of this (level of higher prices),” said Derrell Peel, extension livestock marketing specialist at Oklahoma State Uni­ver­sity. “We started 2011 with 31 million beef cows,...

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