Whenever there is a vacuum, something rushes to fill it. It’s true in the cattle business, too.
Farm-Ranch News
As U.S. cattle numbers have declined over the last decade due to drought and competing demands for land and feed, Brazil, in particular, has been filling the void. Its cattle herd has increased by 17% in the last five years. Its vast grassland resources are fueling cattle growth, too. And with the emphasis on grass, Brazil’s beef producers have not felt the same pressure of escalating grain prices as their North American counterparts.
The Beef Blog 