Cattle: 2004 not as bad as feared

US - BSE brought much uncertainty to the 2004 cattle outlook, but current inventory numbers suggest even smaller domestic beef production says Chris Hurt, Extension Economist at Purdue University.
The size of the nation's beef cattle herd continues to decline, even in the face of record high prices in 2003 clearly showing that producers' initial reaction to high prices was to sell breeding stock and heifers rather than retain them for herd growth.

Source: FarmDoc
calendar icon 3 February 2004
clock icon 1 minute read
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