As previously reported, the trend in the cattle industry follows a ten year cycle. Average Prices received for all Beef cattle over the last 14 years indicates a bottoming of prices during the mid-1980's and mid-1990's.
|
Average Prices Received For All Beef Cattle |
|
|
|
Annual Average |
|
Year |
Price (Dollar Per Cwt.) |
|
1983 |
53.30 |
|
1984 |
53.80 |
|
1985 |
48.80 |
|
1986 |
46.70 |
|
1987 |
56.30 |
|
1988 |
61.80 |
|
1989 |
62.20 |
|
1990 |
65.00 |
|
1991 |
64.10 |
|
1992 |
59.10 |
|
1993 |
64.80 |
|
1994 |
57.40 |
|
1995 |
47.00 |
|
1996 |
42.40 |
|
1997 |
48.80 |
