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Part 8: Consumer Perceptions
Researchers from the College of Veterinary Medicine have developed a faster, more efficient method of detecting Shiga toxin-producing E. coli, or STEC, in ground beef, which often causes recalls of ground beef.
USDA’s January 1, 2020 Cattle report estimated 94.4 million head in the U.S. cattle herd, slightly below last year’s total.
There was some hesitation among buyers this week as the CME futures had a downward turn and sell-off early in the trading period. Steers and heifers sold lower at auctions.
The Cattle report issued by USDA confirms that cyclical herd expansion in the U.S. is over. The numbers indicate that while cattle inventories have stopped growing no major liquidation is underway.
Part 5: Industry Structure
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