Price forecasting - part II

摘要

Ranchings economics are changing. Preliminary data suggest the cost of running a beef cowherd has increased 15-20% in the last two years. Altered production costs and rising feed and livestock prices are generating a different set of ranch-level, cost-and-return (C&R) relationships. And it's imperative that ranchers have a good handle on their herd's annual costs and returns in this emerging biofuels era. Ranchers must ask themselves: "Does the emerging biofuels era favor a different ranch-level production/marketing system?" If so, what is optimum for you?