Cattle Outlook: Retail beef demand improves in May

Preliminary data indicate retail beef demand may have rebounded in May after a 1.8 percent decline in April. Export demand for beef was down 9.9 percent in April. Fed cattle demand was down 5.6 percent  in April and down 0.3 percent in May. Thus far, 2012 domestic meat demand appears little changed from January-May 2011. Click here to read more at Drovers/CattleNetwork…