Supply and Demand II
Max Thornsberry
BEEF TODAY
Last week I explained that the U.S. cattle cycle was broken (Supply and Demand). This is a serious matter as the cattle cycle has been our industry’s bellwether indicator of a healthy, competitive marketplace – a marketplace that was responsive to the economic law of supply and demand. This week, let’s look at just one of the new forces that have disrupted our domestic cattle cycle – a force that skews the supply side of the supply/demand equation.
The Beef Blog 