The fed cattle market continued on the same track last week remaining at $124/cwt. Fed cattle prices have now increased for 18 straight weeks basis the USDA 5-area Weighted Average Direct Slaughter Cattle report.
Cattle prices peaked at unprecedented levels in 2014, fell off a cliff in 2015, and have taken a another steep nosedive in 2016. When you look at the chart above you can see that prices for weaned steers have fallen sh
As producers stare lower prices, lower revenues, and lower profits in the face, what can be done to maintain or improve profitability the next several years?
By the time anyone reads this article (about a month after it