MoGal
Well-known member
Got my Midwest Cattleman magazine (Feb 5 issue, page 19) and reading this article Dan Childs says:
I don't know anything about this research institute, or how accurate they are........... just thought I would share their news.
How does this change your plans/goals?
The Food and Agriculture Policy Research Institute, an agency that develops long term projections for agricultural commodities, foresees NEGATIVE cow/calf profitability for the (next) five years starting with 2008. They predict profitability to decline to a low in 2010, with $70 loss per cow. This is a considerable difference from the $150 per cow profit experienced during 2004 and 2005.
I don't know anything about this research institute, or how accurate they are........... just thought I would share their news.
How does this change your plans/goals?