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Beef Prices / Texas #32957

ABC Evening News for Monday, Aug 26, 1974
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(Studio) Cattle industry disagrees with Butz.
REPORTER: Harry Reasoner

(Texas) [Cattle rancher Hilmar MOORE - says take 12-18 mos. for things to level off in cattle business] Ranchers thin out herds due to drought killing grass [MOORE - says need more money. He'll have to use reserves. No cheaper meat in future.] 40% feed pens empty. [Feed lot manager Bill McCARTY - says lost $100 head for 11 mos.] Corn-fed beef to cost more than grass federal
REPORTER: Bill Wordham

Reasoner, Harry;
Wordham, Bill

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