LIVESTOCK MARKETS: Analyzing cow/calf financial conditions post-boom

Declining revenue, stubborn variable costs and low contribution margins plague producers.

Fifty years from now, agricultural history books will likely devote a chapter to the recent run-up in commodity prices and the farm income boom, according to agricultural economist David Widmar.

While much attention during this period focused on corn and soybean production, cow/calf operators also experienced the historical financial conditions. As the industry begins transitioning away from the boom era, Widmar said it’s worth pausing to reflect on recent conditions and financial

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