Feed Costs Top List of Issues Confronting Cattlemen
US - Corn prices and beef exports are key to the cattle industry’s profitability, but animal right extremists could threaten its very existence. Those are a couple of key messages that emerged Thursday at the Cattle Industry Convention in Reno."What's happening is we have high prices to the farmer for his inputs, we have weather conditions out there - different economic things happening," Cerestes explained. "And so the farmer's a business man like anyone else and he has to do the right thing for him."
Outgoing National Cattlemen’s Beef Association President John Queen told Brownfield government subsidies for ethanol have given biofuels plants a competitive advantage over the cattle industry when bidding for corn. And he doesn’t see that problem going away.
Source: Brownfield