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Timely Information > Posts > Low Prices and Drought

The cattle industry in Alabama is experiencing a very challenging year in 2016. The record prices we (along with the rest of the country) have experienced over the last few years have fallen at a rate that few expected, and the prospect of prices regaining a significant positive movement in the foreseeable future seem minimum at best. This alone would be grounds for concern in the cattle industry, but we in Alabama are also facing another increasingly dire situation with drought conditions in the state. Many producers are wondering what the best option(s) are for their operation. While there is no single answer that is right or wrong for cattle producers, there are some factors that all producers should consider as they plan for the future.  This timely information sheet discusses these factors

 

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