wheat

Crops
6:52 pm
Wed September 11, 2013

Crop recovery is good news for cattle ranchers

Credit Stereogab / Creative Commons Attribution License 2.0

After last year’s crushing drought, wetter weather is helping crops recover, and prices are dropping.
 

US corn yields are up, according to IHS, Inc., a company that publishes stock market industry data. The company expects corn and soybean prices to drop by 10 percent in the third-quarter of this year.


Brett Moline of the Wyoming Farm Bureau says that means it’s cheaper for feed lots to finish more cattle, which is good news for cattle ranchers. 

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