“I believe that this is really going to help the market for people who are selling beef. But, the whole mad cow deal is going to make it a little bit harder for us to get back to what we were just a few years ago.”
“Before, ranchers were taking more of their heifers to be slaughtered than they were keeping because the prices were so high that it was more beneficial to sell the animal. But, with the Japanese demand dropping off, ranchers have been able to keep those heifers for breeding, thus allowing them to rebuild their herds.”