According to writer John Schlageck, you might want to stock your freezer with beef, because cattle prices are going to get “wild” next year. Economist Mark Nelson predicts that as 2012 and 2013 arrive, there will be tighter and tighter supplies of cattle to produce beef in this country.Ranchers across some states are liquidating their herds at historically high rates as grazing land, feed and water supplies dry up. Texas alone is expected to lose 600,000 head of beef cattle.
Some interesting information! Read more here.