Price Peak Could Come By Mid-2015

Price Peak Could Come By Mid-2015

Viewed through the lens of the historic cattle cycle, Chris Hurt, Purdue University Extension economist says the cyclical price peak is likely to come in the next six months.

“The long-term profit outlook for the beef industry is bright, but the record prices on this cycle may well occur in the next six months,” says Chris Hurt, Purdue University Extension economist, in this week’s University of Illinois Market Outlook.

Hurt bases that assessment on the industry’s current location within the long-standing

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