date:Aug 07, 2012
increases in cow slaughter, says Purdue University Extension ag economist Chris Hurt. However, most Midwest producers have had hay to feed helping them to avoid panic liquidation. How the drought unfolds in coming months will influence how much cow liquidation occurs. More rain and thus grass will reduce liquidation. Continued drought will increase fall and winter cow culling.
There are bright spots, however; first, lower prices make now a good time to stock up on ground beef,Nebrfarmrsays. And