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(Studio) ABC revisits cattleman in Iowa to discuss price situation.
REPORTER: Howard K. Smith
(Creston, Iowa) [Cattle feeder Brad JACKSON - says he's losing money after feeding cattle for several mos.] Past year for Jackson has been disastrous. [JACKSON - believes cattle raising is losing proposition.] Jackson to leave cattle business till beef prices drop in stores or cattle prices rise again. [Cattle industry lobbyist Bill McMILLAN - thinks many cattlemen ready to throw in towel.] Beef supply in 1976 to drop. [JACKSON - warns of skyrocketing prices and small beef supply in `76.]
REPORTER: Greg Dobbs
- Dobbs, Greg;
- Smith, Howard K.
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