Texas Tech University

Cattle thefts rise with prices as thieves seek 'quick cash' and 'drug money'

News OK

September 28, 2015

News OK - Cattle prices are up. Not coincidentally, so are cattle thefts.

"Generally, as the price of a product increases, there is a greater incentive to steal the product. For something like cattle (a raw good), price rises increase the incentive to steal those cattle to sell them in the market," Darren Hudson, a Texas Tech agricultural economist, said via email.

Read the story here.