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High beef prices, great time to own cattle

Author: Kristy

Cycles go down, MU economist reminds owners

Cycles go down, University of Missouri economist reminds owners

With record high beef prices, it’s a great time to be in the cattle business.

Wayne County Journal Banner | March 25, 2014

“With record high beef prices, it’s a great time to be in the cattle business,” Scott Brown told a meeting of Miller County producers.

The University of Missouri beef economist’s outlook shows a $250 return per cow in the coming year. In the previous beef cycle, returns topped at under $100 per cow.

“We’ve never seen anything like current prices,” Brown said.

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