Rob Sabo

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November 22, 2010
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World economics could impact Nevada cattle ranchers

Faraway woes severe flooding in the nation's Corn Belt in June, a severe drought in Russia that's greatly reduced that country's wheat production could spell financial trouble for Nevada's cattle ranchers, says an agricultural specialist at the University of Nevada, Reno.

Mike Helmar, a research associate with UNR's College of Agriculture, Biotechnology and Natural Resources, says both events will contribute to higher feed prices for the nation's beef producers, who typically fatten feeder cattle to about 800 pounds before slaughter. As producers' profit margins are squeezed by higher grain prices, Helmar says, they sell off cattle to packing and slaughterhouses, …

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Northern Nevada Business Weekly Updated Nov 22, 2010 12:00AM Published Nov 22, 2010 12:00AM Copyright 2010 Northern Nevada Business Weekly. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.