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Rise in beef prices lifts cattlemen profits in Kansas
In Wichita Kansas a rise in consumer beef prices is restoring profitability to the cattle industry after four years of loss. Beef prices up 6.6 percent fueled by supply demand, though traders caution against public backlash or possible import quota action. Cattlemen cite inflation and cyclical market as major factors. John L Huston of the Beef Industry Council notes better consumer education on economics amid farm strikes. Ross Winter of a Dodge City feedlot recalls prior losses and argues profits must rebound.
MENTIONED IN THIS ARTICLE
Wichita
Kan
John L. Huston
Beef Industry Council
Chicago
Tabor Department
Huston
Ross Winter
Dodge Cit
Mickey Stewart
Nebraska Stockgrowers Association
George Spencer
National Cattlemen's Association
Denver
United States
Spencer