Retailers say beef prices will rise this summer as consumer demand grows
As Dorothy Law of rural Woodbury County walked out of the Dunlap Livestock Auction, she could only marvel at the sudden turn of fortunes in their little cattle operation.
"During this last winter, I wondered if our cattle would even survive," said Law, who with her husband, Jim, and sons has farmed 500 acres and feeds about 30 head of cattle near Cushing in Woodbury County.
The four heifers Dorothy and Jim brought to Dunlap not only survived Iowa's bitter winter but on Tuesday brought a price of $98.10/cwt at the auction. As recently as January, the Laws would have been fortunate to get $80.
"It's the best price for cattle that we've ever received," said Dorothy Law, who has raised cattle for 57 years.
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