According to the March 1 Cattle on Feed report, the US cattle herd is not growing.
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That being said, the amount of meat available remains stable due to cattle heading to the processing plant at heavier weights.
Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. The changed dynamics of global energy and grain sectors could create a change in protein demand, most notably poultry over beef.
I left off last time talking about how the US war on Iran was changing the dynamics of the global grain supply and demand situation. But what does that mean for the US livestock industry?
