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HUNTIN' DAYLIGHT -- ADDING POUNDS OR NOT
2015-10-22 23:29:36| Cattle Today
“It may be that the worst is behind the market as it relates to heavy cattle (fed), but heavy cattle and slower beef demand is not the only thing weighing on finished cattle prices,” says Andrew P. Griffith, agricultural economist at the University of Tennessee, in his weekly market comments (Oct. 9). “Hide and offal values have declined $3.64/cwt. since the beginning of the year and are about 28 percent lower than a year ago. This is a significant loss to the total value of a finished animal and may continue to weigh on the market.”
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Category:Agriculture and Forestry