The next decade: Part I

Hughes, Harlan
December 2009
BEEF;Dec2009, Vol. 46 Issue 4, p6
Trade Publication
The author discusses the future economic performance of the cattle industry in the U.S. He cites the 10-year projection of the Food and Agricultural Policy Research Institute (FAPRI), which examines the economic conditions of cattle breeders and presents two key variables that determine the future of ranching, net cash income and family living draw. The author further forecasts that the capital investment strategies of profitable ranches will be different in the next decade.


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