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Warning on recession for cattlemen hits Wichita meeting
An economist warned Kansas cattlemen of a severe recession within 12 months that could shave $10 per hundredweight from fat cattle prices overnight, costing about $80 per head. He cited overspending, global problems, and a looming real estate crisis as drivers while noting beef’s shrinking market share to poultry.
MENTIONED IN THIS ARTICLE
Wichita, Kan
United States
Bill Helming
Helming Group
Overland Park, Kan
Kansas Livestock Association
Helming
Paul Engler
Cactus Feeders