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According to economists, the On Feed report shows that cattle supply is tight.

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According to economists, the On Feed report shows that cattle supply is tight.

One economist says cattle supply can be very tight in the coming years.

Scott Brown of the University of Missouri says the industry keeps cattle moving forward, struggling with feed and putting them in feedlots. Please continue this. Whether in wheat pastures or in other drought areas of the country, fewer cows are pulled forward. We will not continue it forever. “

He said the brownfield had a record beef cattle slaughter rate this month, showing further contractions. Brown says the industry is ready for a few very interesting years. .. Drought, worsening economic conditions, increased profits – what you have to say to crop producers – all of these are factors that are tightening beef cattle inventories. “

Both the number of on-feeds on May 1 and the cows placed in April exceeded the pre-report estimates.



According to economists, the On Feed report shows that cattle supply is tight.

https://brownfieldagnews.com/news/economist-says-on-feed-report-indicates-tight-supplies-of-cattle-coming/ According to economists, the On Feed report shows that cattle supply is tight.

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