Five Opinions:Five consulting nutritionists provide their thoughts on the 2013 year as well as their prognosis for 2014

摘要

Wow The past year was a time of record or near-record losses as well as profits on fed cattle. The year's high fed market occurred after Thanksgiving, but there were also record feeder cattle prices, a sharp decline in most commodity prices — and even cattle that had been bought at "unhedgeable" prices, making a good profit.Herd liquidation continued at an alarming rate, per-capita beef consumption declined and several feedyards of all sizes closed for myriad reasons. Still, every sector of the beef chain had a chance to be profitable in 2013. In fact, the only remaining historical norm that might still apply to the cattle business is that we're still better off when the cash market leads the futures.