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Max Armstrong gets a look at the potential for profit margins in the cattle industry
Max Armstrong and Randy Block, CEO, CattleFax, look at the feed cost situation for cattle producers. Block shares that producers are in good shape from the standpoint of feeding margins. In fact, he notes that every segment shows the potential for profit from feeders to packers, which shows how solid demand is for the industry.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photo: Christopher Furlong/Getty Images News