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Politics : Sioux Nation
DJT 10.66-2.3%Dec 12 9:30 AM EST

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To: Wharf Rat who wrote (210878)6/13/2011 10:39:54 AM
From: Wharf Rat  Read Replies (1) of 361534
 
USDA report signals no end in sight for high corn prices

Bruce Blythe, Business Editor | Updated: June 13, 2011


The government’s latest crops outlook brought unwelcome news for Mike Engler, a Texas feedlot operator who’s watched profits evaporate in recent months as corn prices soared to records and the cattle market slumped.

There’s no apparent end in sight for tight corn supplies and high feed costs for Engler and other beef, pork and dairy industries, based on the U.S. Department of Agriculture’s monthly Supply and Demand update June 9:
dairyherd.com
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