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A number of outside forces influence livestock prices – the cost of pasture ground, the abundance of rain, the outlay for corn, the proximity of an ethanol plant, and the rise and fall of the futures market. Ultimately though, livestock prices are determined in the various markets where the animals are sold, whether cried out by an auctioneer in the sale ring, the marketing expert at the terminal market or the individual producer by way of private treaty sales.
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