Wednesday, August 15, 2012
The severe drought that has plagued a vast portion of the U.S. appears to have set-up a difficult period for livestock producers this year. The rapid decrease in herd sizes as lighter weight cattle and breeding inventories are brought to market may start to weigh on near-term futures, but likely sets the stage for potentially sharply higher prices in 2013.
Fundamentals
Cattle bulls are back in the saddle, as increased demand tied to the upcoming Labor Day holiday has … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards