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U.S. Beef Herd Begins Year 3% Smaller
2013-02-02 13:54:00| Beef
The annual USDA Cattle Inventory report released Friday should yield no surprises to the market but underscores how much tighter the supply is getting. “The report reiterates the reduced cattle supply, and the difficulty of retaining heifers to enter the breeding herd,” says Andrew Griffith, University of Tennessee agricultural economist, in his weekly market comments. “It will be a long hard drive to rebuild the herd even if we have favorable weather conditions the next few years.” read more
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Category:Agriculture and Forestry