Potential bright future for cattlemen

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By Tim McNicholas


Updated: Tue, 15 Oct 2013 07:37:59 CST

It's been a dreary month here in Central Nebraska.

Not just for corn producers, but cattlemen too.

The Lincoln-Journal Star is reporting Nebraska's cattle feeders are now set for a rebound. 

The cattle feeding industry has lost over 1 billion dollars over the past 2 years—but market analysts are saying those days are behind us.

Severe weather could wash some of that optimism away, however.

Storms have not only damaged crops but killed livestock in some parts of Nebraska.

Corn prices are expected to be around 4 dollars a bushel this year.

Prices were at 8 dollars a bushel during the 2012 drought.