Pace of Beef Herd Expansion: The Perception and the Reality

Pace of Beef Herd Expansion: The Perception and the Reality

John Nalivka

Drovers

I will start this article with a “not so profound” statement – forage and prices are the primary drivers to the cattle cycle.  Pretty basic but the economics surrounding that premise are not always so simple.  Economics concerns behavior.  In essence, how cattlemen react to markets and forage supplies leads to herd expansion or liquidation and that is the cattle cycle.  

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