July 24, 2024

MANHATTAN — These are the salad days for cattle producers as cattle command record-high prices. But K-State livestock economist Glynn Tonsor said that cattle growers could soon be looking at turkey hash. He said if consumers turn against beef because of sharply higher prices at the supermarket, the cattle market bubble will burst. Supermarket beef prices have risen sharply over the last year and consumers could either turn to lower-priced beef products or to other meat such as poultry, which hasn’t seen similar increases, he said. The longer the prices stay up is good for the beef industry, but there will be a time when consumer demand dries up, and producers need to be aware of that, he said.
Tuesday, April 12, 7:30 a.m.

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