Purdue Economist: From 'Grain Era' to 'Livestock Era'

 
Purdue Economist: From 'Grain Era' to 'Livestock Era'

Purdue University ag economist Chris Hurt describes the period of 2007 to 2013 as the "Grain Era," in which crop sector incomes had "an extraordinary run." He says we are now entering a multi-year "Animal Era," which will be a positive period for animal agriculture.

Hurt says this positive period of expansion of herds and flocks in animal agriculture will also be economically good for rural communities with large numbers of livestock, along with businesses that carry animal management supplies. "Animal industries are expected to rebound in coming years led by rising per-capita consumption, continued small growth in U.S. population and growing export demand," he said. "The animal industries finally have a positive multi-year outlook."

Click here for the full article.

Back to news


 

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close