Additional cattle are continuing to come to feedyards, but fortunately there’s been several market factors at play to help offset beef supplies, at least for now, said Craig VanDyke, Top Third Ag Marketing.
Trade talk is a big issue for everyone here at the convention and the focus isn’t just on China. For another year, the priority remains the same, the cattle industry vocal they want a free trade deal with Japan.
USDA’s Cattle Report shows the expansion stage is coming to an end. The total inventory as of January 1 is 94.4 million head, down slightly from 94.8 million head a year ago. It’s not a surprise to industry.