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Article: With the Cattle Industry Struggling, the Question Is, 'Where's the Beef?'; Beef prices are likely to increase as rising food and fuel prices threaten many cattle ranches.
- Article from:
- U.S. News & World Report
- Article date:
- July 15, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 All rights reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kent Garber
The American beef industry is in trouble. Though the financial strain of rising fuel and food prices (http://www.usnews.com/articles/news/2008/03/07/the-growing-food-cost-crisis.html)is being widely felt across the U.S. economy, the livestock industry, which consumes about 5 billion bushels of corn annually, is suffering more than most.
Feedlot operators, who fatten their animals on corn before sending them to a slaughterhouse, are losing $150 a head with corn prices near record levels because of demand for corn-based ethanol (http://www.usnews.com/articles/news/national/2008/06/18/midwest-floods-ruin-crops.html). In Texas, the country's largest ...
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Article: China's corn prices slide from July 21 to July 30.
China Business News;
July 30, 2008 ;
336 words
...China's corn prices slide from July 21 to July 30 Shanghai. July 30. INTERFAX-CHINA - Corn prices in China fell by between RMB 10 ($1.46...Corn Center Market, suggested that though corn prices in northeastern Chinese ports may have...
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