High Inputs Create Higher Risk For Cattle Producers
Cattle prices may have increased the past few months, but they’re not outpacing the rising cost to raise each head. That, in turn, is increasing risk for producers. University of Missouri livestock economist Scott Brown says increased corn prices could result in fewer destinations to finish cattle.
Brown says increased input costs make risk management tools more important to consider.
University of Missouri livestock economist Scott Brown presented last month at the Abner Womack Missouri Agriculture Outlook Conference in Columbia.