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Bigger Profits Coming for Cow Calf Sector

Bigger Profits Coming for Cow Calf Sector

Tim Petry, NDSU livestock marketing economist, predicts feeder calf prices will be 10-15% higher this fall.

Tim Petry, NDSU Livestock marketing economist, is making several new price predictions for the cattle market.

The cow-calf sector should see improved profitability this year, with more improvement expected next year, he says.

Cull cow and bull prices likely will set a record high this year because the demand for hamburger is good even in a down economy and manufacturing-grade beef imports have declined.

Feeder calf prices likely will be 10 to15% higher this fall than the depressed levels of the last two years unless corn prices continue to skyrocket.

Petry explains these his reasons behind his projects at www.ag.ndsu.edu/news/columns/livestockma/market-advisor-cattle-herd-decline-supports-prices/view.

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