11-1 FB Beef Prices

 Dispute over cattle prices. I’m David Sparks and I’ll be right back for a point of view. I’m going to read an AP story right out of a recent edition of the Statesman. “In this Great Plains ranching town in Nebraska, cowboys still lasso steers as part of their daily routine and cattle producers like Bob Sears still take pride in the long tradition of raising American beef.

But Sears and many other ranchers say the market for domestic meat has withered to the point where they often receive only a single reasonable bid for their animals. - a trend that could eventually mean lesser-quality meat on dinner tables across the United States.

The struggle to get a competitive price, they say, is helping to push thousands of producers out of business and might put pressure on others to sell sicker, weaker cows with less tender, less flavorful meat. “

I called Wyatt Prescott, Executive Director of the Idaho Cattlemens Assoc. and asked if beef prices were at an all time low. His response…”A very small number of people behind this movement. There’s no evidence, it’s all speculation and beef prices hit record highs this summer.”