Cattle Market Outlook
Supply Fundamentals Remain Strong
Cattle Market OutlookSupply Fundamentals Remain StrongSupply Fundamentals Remain Strong
“Cow slaughter rates have declined significantly compared to earlier this year, over the last two weeks averaging 8% below 2011’s. Most of the recent year-on-year decline in cow slaughter has been in beef animals (down 12%) with dairy cows down only 3%. Of course, year-on-year declines in slaughter may only reduce the rate of U.S. beef cowherd decline.”
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