AG Watch

Cow prices on the rise

Tuesday, May 22, 2012

Cow prices in the U.S. are expected to reach record levels this year.

Cattle farmers say cow prices reached a record high in 2011 and are on pace to set another record high in 2012. Strong demand for 90-percent lean boneless beef and lower beef imports are contributing to the higher prices.

Cattle farmers say reduced cow slaughter for the rest of the year may push cow prices even higher this year.

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