PitchSend

Investor Presentaiton

The U.S. cattle herd is expanding at its fastest pace in decades, pressuring prices. Beginning Stocks: Animal Numbers Cattle, United States 1000 Heads Prices Received by Farmers: Steers & Heifers US$/Cwt 140000 130000 120000 110000 100000 90000 рали 175 150 125 - 100 - 75 - 50 80000 25 70 75 80 85 90 95 00 05 10 15 Source: United States Department of Agriculture/Haver Analytics FDIC

View entire presentation