Executive View: The Cattlemen's Complaint

Executive View

Traveling out in America's fat cattle country, through Iowa, Idaho and Colorado, the visitor from the city hears the other side of the emotional story of the meat price inflation.

Like almost all U.S. farmers, the cattleman is aggrieved. For four years the prices that he collects have buckled like a sick calf, while the costs of everything he buys—gasoline, fertilizer, tetracycline for ailing heifers, tractors from Peoria and bull semen from France—have climbed like corn in August. And just when he had started to make a comeback, a politically motivated...

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