On Monday, May 10, 2021, member leaders of American Farm Bureau Federation, National Cattlemen’s Beef Association, National Farmers Union, R-CALF USA, and the United States Cattlemen’s Association met in Phoenix, Arizona. These groups convened at the request of Livestock Marketing Association to discuss challenges involved in the marketing of finished cattle with the ultimate goal of bringing about a more …
Packer Capacity to Keep Up With Expanding Beef Herd
A new report says the U.S. beef herd will keep expanding through the end of this decade but there shouldn’t be any need for increased beef packer capacity. The report from CoBank says the herd will increase 3-5 percent from 2018-2019. Improving pasture conditions and continued profitability in the beef sector have been fueling herd expansion in recent years. Trevor …