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2013 Beef Industry Outlook: Are Consumers Near Their Price Limit?
2013-01-02 19:10:00| Beef
By Nevil Speer, Western Kentucky University Since the mid-'90s, the cow marketing rate serves as a fairly reliable predictor for the following years cow inventory. An annual cow marketing rate of about 8% equates to a steady number of cows (lower rates equal expansion, higher rates reflect reduction). The marketing rate in 2012 should be around 11%: that equates to an approximate decline of 2% for 2013s starting cow inventory (or about 29.3 million cows in 2013 down from 29.9 million head in 2012). read more
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Category:Agriculture and Forestry