date:Aug 01, 2012
ith producers to help alleviate the current crisis, however, Vilsack forecasts an increase in livestock exports, as owners attempt to reduce their herds due to a shortage of feed, dramatically altering food prices in the short- and long-term market.
As herds are liquidated, it could provide opportunities with lower costs for us to be more competitive than we already are in that export market,said Vilsack, warning however, that as the drought continues, food prices are expected to increase later