Drought in the southern plains wiped out winter grazing areas and pushed up placements in cattle feedlots in Nebraska by 15 percent in October.
Calves that normally would be in wheat pastures in Kansas, Oklahoma and Texas are lining up in large numbers at Nebraska feed bunks for the winter at much lighter weights than normal.
And the long-term implications of Friday's cattle on feed report look worrisome for meat producers, meatpackers and meat eaters.
There was no hemming and hawing from Jeff Stolle when he was asked about the likelihood of higher beef prices in food stores.
"Without a doubt," responded the Nebraska Cattlemen's vice president of marketing.
To read the rest of the story, please go to: Lincoln Journal Star
