Beef production could be at an all-time high as herd expansion continues after beef producers experience their second most profitable year in history in 2017.
Global feed production is at an all-time high. In the 2019 Global Feed Survey, Alltech estimates a 3% growth to 1.068 billion metric tons of feed produced.
America’s four largest beef packers face another lawsuit claiming antitrust violations since 2015, this one filed by a California distributor seeking treble damages.