USDA's May WASDE is predicting 4.7% more beef this year than last and 4.0% more beef in 2017 than this year.
The average retail price for choice beef in May was $6.081 per pound.
Beef cows come in all shapes and sizes.
USDA's January Cattle on Feed report said December placements were down 0.8% while marketings were up 1.1%. This resulted in the number of cattle on feed at the start of 2016 to be down 0.5% compared to a year ago. Plac
It certainly appears that a large number of heifers are being held on farms for breeding.
For the second week in a row, cattle and beef prices are sharply lower.
Cotton sales to China again bulk of weekly total.
There are more steers in feedlots this April, but fewer heifers. It could be a sign of herd expansion.