Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 6 · column 5 of 6 · from the scan, no model involved
and early '90s. "We do see an indication it is going back up, as part of the typical 10-year cattle cycle," he said.
He notes that extreme drought in the southwest part of the country', meant more cattle came on the market, ’ including many cows. He said the number of cows being slaughtered in 1996 was up 17 percent over 1995, and the number of heifers being slaughtered was up 3 percent, while-! - overall beef was up 2 percent for the! ’ year. Feedlots were selling cattle that; ; weighed 20 to 30 pounds less "to get; out of the higher feed bills," he said. .
Reduced herds as a result of sell- ; ing off cows, and lower com prices. • should bring some improvement in;;; prices this year, Mr. McKenna said. • •
However, he cautions that price' improvement will be gradual.
He said farmers should not count on getting 90 cents per pound for their , calves by 1998. "There are still problems with beef demand. There are perceptions about diet, health and the consistency of the product."
94.7%