droughts in recent years that have caused livestock producers to shrink their cattle herds. The average, year-to-date price for 81 percent lean ground beef is $2.18 per pound, said Kevin Good, an analyst at CattleFax, a Colorado-based tracker of the beef industry. That's up 24 percent from a year ago.
Everything that's produced is being consumed, said Kevin Good, an analyst at CattleFax, a Colorado-based information group. And prices likely will stay high for a couple of years as cattle producers start to rebuild their herds amid big questions about whether the Southwest and parts of the Midwest
The report was no surprise to insiders in an industry that's been battered by drought and in liquidation mode for 15 of the past 17 years, said Kevin Good, a senior analyst for industry newsletter CattleFax.com.
Date: Feb 02, 2013
Category: Business
Source: Google
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Kevin Good
Work:
Illinois Department of Corrections - Corrections Identification Technician (1991) Cerro Gordo Police Dept. - Police Officer (1982-2007)
Education:
Vincennes University - Conservation Law Enforcement