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Beef Consumption-Demand Struggle
2013-02-23 05:03:00| Beef
Although beef demand increased in 2011 and 2012, consumer resistance to supply-driven price increases has made it feel just the opposite in recent weeks (see "Demand Whacks Cattle Prices"). “While beef demand is increasing, it is very likely not increasing fast enough relative to price pressure from falling beef supplies in 2013 and 2014,” explains Derrell Peel, Oklahoma State University Extension livestock marketing specialist, in his most recent weekly market comments. read more
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Category:Agriculture and Forestry