Global beef supplies getting tighter

We all know U.S. cattle and beef supplies are tight, leading to record-high prices for all classes of cattle this year. We aren’t alone according to a new report from Rabobank, which shows beef supplied tightening globally, and particularly in some key beef-exporting nations. And while global beef demand remains strong, that tightening of supplies is likely to continue through next year according to the report, meaning producers here and internationally should continue to enjoy unusually high cattle prices. Read more at Drovers CattleNetwork…