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Expect a sharp decline in livestock production in 2012

Oct. 4, 2011 -According to a report from researchers at Rabobank, meat and poultry production in the US is heading for what they call a "precipitous fall" by the middle of 2012, in large part due to the drought now affecting the southern and central US Plains states. But it is also as a reflection of the livestock sector adjusting to higher and more volatile feed costs, a process that can take several years.        READ MORE