TITLE

Economist: Plan long-term cattle profits around lower corn prices

AUTHOR(S)
NEWPORT, ALAN
PUB. DATE
June 2013
SOURCE
Wallaces Farmer;Jun2013, Vol. 138 Issue 6, pBP8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on how beef producers can make profits despite changing corn prices. Texas professor Mark Welch suggests three ways to help beef producers become profitable by securing prices above industry average and having a cost of production lower than industry average. Welch adds that beef producers must not wait for a payment to come due, must know the breakeven price so one knows which price represents profit, and must know the tools and skills required to get the profitable price.
ACCESSION #
88054259

 

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