date:Aug 07, 2012
A few of his clients recently considered whether it would be economically feasible to continue feeding their cattle as feed prices soar or whether they will have to send them to slaughter.
Another client this week told Mr. Workman, a Logansport, Ind.-based adviser with LPL Financial Holdings Inc. (LPL), he had to purchase 12 semi loads of hay for the first time ever to feed his dairy cattle. His fields are too parched to sustain them.
The worst U.S. drought in decades has some farmers and agric