cattle prices

Profitability Suggests We’re In A “Livestock Era”

“If the years from 2007 to 2013 could be described as the ‘Grain Era,’ in which crop sector incomes had an extraordinary run, then the coming period may be described as the ‘Animal Era,’ when producers of animal products have strong returns,” says Chris Hurt, Purdue University agricultural economist.

Record-high animal prices and significantly lower feed prices are boosting profit margins to the point that Chris Hurt, Purdue University agricultural economist, believes livestock producers can anticipate a “mini boom” that could last for the next several years.

“If the years from 200

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