Robust beef expansion will slow

Nothing like record cattle prices and profitability to get an industry excited about expansion. The latest USDA Cattle report shows a rapid expansion is underway with cattle and calf numbers up three percent and beef cow numbers up four percent in the past year. Record high cattle prices in the last-half of 2014 and first-half of 2015 raised excitement among beef cow producers and they heard the market’s expansion call. So when should we expect expansion to level off? Read more at Drovers CattleNetwork…