steers

Beef Production Forecast Drops Slightly for 2018-2019
Beef Production Forecast Drops Slightly for 2018-2019
Beef Production Forecast Drops Slightly for 2018-2019
USDA recently reduced its forecast for beef production in 2018 by 30 million pounds.  The new forecast is 26.9 billion pounds.  The slight revision is based on numbers at the end of the third quarter, and from fourth-quarter expectations of slightly fewer steers and heifers to be slaughtered and fewer bulls in the slaughter mix.  Despite the lower...