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News Brief

2010-06-08Sarcoxie, MO |  By: Wayman

MO Cattle Prices

Eldon Cole, with University of Missouri Extension Center in

Mount Vernon, says the cattle market began to improve earlier this

year. He attributes that to a better general economy, as well as a

lower inventory of cattle.

The Joplin Globe reports that prices spiked to about $1 a pound

in January and are now about 90 cents a pound. Cole says beef

inventories are down 5 to 10 percent.

Ron Plain, a state agricultural economist, says Missouri cattle

producers have been reducing their herds for four years, and that's

helping to increase prices.