Start talking shrink with cattle producers, and you’re wandering into touchy territory. It’s a negotiating tool, it’s a frequent complaint on both sides of the deal, and it’s a cost inexperienced sellers can wind up seriously underestimating. Buyers may pencil in a 2 or 3 percent poundage loss as they strike the deal, but the weight that sellers leave in the pen can be a larger drain. DTN/Progressive Farmer talks shrink and how producers can avoid weighing down profits. Read more…
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