Cattle Prices at Record High

Cattle Prices at Record High

The rate cattle price has climbed has even surpised the Texas Cattle Feeders Association.  Its now at $108/hundred weight.

The association cited two factors causing the hike.  Don Close, the marketing director, said one is a short supply of cattle because ranchers had to cut back during the recession, and the other is an increase in demand across the globe.  He said demand to many Asian markets have increased.

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