Taking stock: Cattle producers adapt to shrinking economy, rising costs, aging owners

Jun 7, 2009

Taking Stock

"More dollars have been lost in the cattle-feeding industry in the last 12 months than during any other year in history," Charles McVean, founder and president of McVean Trading & Investments, said this spring.

Located in Memphis, the commodity futures brokerage firm specializes in grain and livestock research and analysis, conducting field studies with producers, elevators and agronomists across the country.

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