Beef market feeling pinch of recession

Beef market feeling pinch of recession

Scott Davis

Lansing State Journal

Beef livestock farmer Jeff Oesterle is facing a leaner cut of profit these days.

Confronted with lower beef prices and dampening demand for high-priced steak, the Mason-area producer cut the number of cattle he is raising this year to 200 from 550 – a 64 percent reduction – to limit his costs.

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