Increase in U.S. packing capacity is good news for the beef business

Increase in U.S. packing capacity is good news for the beef business

Burt Rutherford

BEEF

USDA’s recent Cattle Inventory report verified what just about everyone in the beef business strongly suspects—the cattle herd is on the rebound. We saw strong indications all last year, with fewer heifer placements in feedyards and a sharp reduction in cull cow slaughter.

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