Ranchers Revel In Robust Profits: Cow herds will expand, producers look to cash in on consumer demand

摘要

Galen Fink expected prices for his purebred Angus and Charolais bulls to be good this past fall, but he was shocked by the reality. "It was exceptional," he says. Fink Beef Genetics, Randolph, Kan., sold 340 bulls at auction for an average of $7,500 per head, nearly 35% higher than in 2013. Fink is far from alone in reaping the benefits from a cattle market that has bucked historic trends. Every class of cattle set new record price highs in every quarter of 2014 - and the bull run is far from over.