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Managing Drought Risk on the Ranch is a new website from the National Drought Mitigation Center to help livestock producers develop drought plans.
But may face downside pressure in the near term as fed cattle supplies are larger than expected.
The quantity of beef available to consumers has declined in recent years, unfortunately that trend is going to continue.
Cattle feeding margins continue to deteriorate in the near term.
Beef producers can compete at the meat case by changing breeding, management and marketing.
While 26% of the beef herd resides in severe drought areas, states in good shape are trying to help those in drought areas.
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