Ranchers left with only their pocket lint
US - Alan Kindsfater shrugged off the snow squall swirling outside a window of the Belle Fourche Livestock Exchange cafe recently, saying it was not enough to make a difference for him and his neighbors
29 January 2007
1 minute read
“There’s not as much optimism in agriculture as there was a year ago,” Kindsfater said, glancing up at a television monitor showing calves running onto the auction ring’s scale.
Kindsfater and Mike Strohscheim plan to sell 60 yearling Angus bulls Feb. 15. Those bulls might sell better if the outlook for the spring and summer called for full stock dams and abundant green grass.
Kindsfater, who also sells real estate, said economic conditions in rural South Dakota are starting to affect land prices. Few ranchers and farmers have extra capital to invest in more land.
Source: Rapid City Journal.com
