Broke Cattle Markets, Broken Cattle Feeders

The U.S. cattle industry has lost nearly half our cattle ranchers and over 70% of our feeding operations. Is it time to do something about the abusive market power of the meat industry? A self-explanatory table and a chart showing monthly net returns to feeding. Data are through March 2016. A 12-year moving average of returns. Competitive markets adjust over time to big losses and to big profits. Due to the long biological cycle for cattle, such adjustments Read More …