Articles tagged under: Bernt Nelson
Cost of Capital Influencing Cattle Herd Expansion
Published February 16, 2024
Cattle prices are up with the shrinking cow herd. American Farm Bureau Federation Livestock Economist Bernt Nelson said that makes it more expensive for farmers and ranchers to expand. Higher interest rates are also an issue. "The cost of capital is…Drought Blamed for Contraction of the Cattle Herd
Published January 21, 2023
American Farm Bureau Federation Economist Bernt Nelson says weather is the main driver of consolidation on the cattle industry. "We started in a back-to-back drought situation that urged consolidation in the cattle industry and inflation just spurred it on." The…