US EditionShrinking cattle herd drives prices to record highs
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At the cattle market, the scarce offer drives prices to a new record level. The young bull price cracks the 7-euro mark.
Shrinking cattle herd drives prices to record highs
CRANBROOK – North America’s cattle markets are largely explained by simple supply and demand. When there are lots of cattle available, ranchers receive lower prices. When the herd size is smaller, prices trend higher as the market competes for a lower number of animals. This cycle repeats every 10 to 12 years in the cattle … Source
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