The Market's Fine Print

Nice View, But Where Do We Go From Here?

Instead of ice axes, climbing harnesses and backpacks, livestock feeders have been equipped with tight meat supplies, extraordinary domestic and foreign demand, and bullish psychology. (Photo of Mt McKinley Summit by U.S. Army Alaska)
Instead of ice axes, climbing harnesses and backpacks, livestock feeders have been equipped with tight meat supplies, extraordinary domestic and foreign demand, and bullish psychology. (Photo of Mt McKinley Summit by U.S. Army Alaska)
Instead of the dangerously thin air and soaring mountain tops that mountain climbers face, meat producers have conquered record-high markets and reaped phenomenal feed profits. Now that they've reached the summit, the next question on their minds is "Where...

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