It’s a excellent news story with a cautionary undercurrent: North American beef demand has held regular, even within the face of excessive retail costs. Regardless of the place you reside in North America, if you happen to love beef, you’re shopping for — even when the sticker shock makes your eyes water.
North American beef numbers have trended upwards even whereas many rivals’ markets have trended down, like in Australia, Argentina and Brazil. Whereas nobody will begrudge a growth, the regular retail demand amid a dwindling cow herd pressured by drought does elevate some critical questions concerning the longer-term provide aspect of the meat market.
To delve into commerce flows, beef costs, and shifts in cow herd numbers (stabilization is the brand new enlargement), host of RealAg Radio, Shaun Haney, is joined by Lance Zimmerman, with Rabobank, the place they focus on Rabobank’s most up-to-date Quarterly Beef Supply report.
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