Posts Tagged ‘feed costs’

Drought shrinking ranchers’ profits; consumers to feel impact

ACROSS MISSISSIPPI — Pictures of wilting corn in the Midwest may dominate the evening news, but the 2012 drought is also shrinking livestock’s profit potential nationwide. John Michael Riley, agricultural economist with Mississippi State University’s Extension Service, said the drought means livestock, dairy and aquaculture producers will continue to see higher feed prices. “Cattle will […] [...]

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