1. Cattle
Raising cattle ranked first among most profitable livestock to raise in 2017, mainly due to the fact that the cost of feed is expected to go down. In fact, according to Kevin Good, a market analyst for CattleFax, beef cattle herds are expected to be enlarged by at least 400,000 heads this year. Considering that beef is in strong demand that is getting bigger each year, that isn’t that surprising. However, with pork and poultry meat also rising in demand, the future of beef is far from secure.
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