From the 2011 Cattle Industry Convention- We Visit with the Chief Economist of the National Cattlemen's Beef Association- Gregg DoudWed, 02 Feb 2011 15:59:24 CST
Gregg Doud, Chief Economist of the National Cattlemen's Beef Association says he does not believe that we will see slaughter cattle prices under a dollar a pound anytime soon- and that's just one evidence a new higher price plateau we seem to be on for most agricultural commodities. Doud says that he is concerned that we continue to see a lot of cows, as well as heifers go to market instead of being kept for breeding. He believes the market is making some dramatic moves to make the pitch to producers that the market signals are there and strong enough to justify holding females to rebuild the US Beef Cow Herd.
Don Wick with the Red River Network, Stewart Doan with Agri-Pulse and Ron Hays with the Radio Oklahoma Network sat down with Doud and talked through a number of subjects on Wednesday afternoon at the 2011 Cattle Industry Convention in Denver. Some of the topics included:
Grain Market Volitility
Rebuilding Beef Cow Herds
An Economic Analysis of GIPSA by USDA
The Eastern Livestock Debacle
Click on the LISTEN BAR for the full interview, which runs about 18 minutes.
Ron Hays and Colleagues Don Wick and Stewart Doan tak with Gregg Doud of the NCBA at the 2011 Cattle Industry Convention
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