USDA predicts falling cattle prices for 2015-2016

While the major focus of the monthly WASDE report is usually on the grain and oilseed numbers- the livestock portion of the August 2015 report showed falling livestock prices for cattle. Beef  production is expected to be smaller- even in the face of falling prices. Beef production for 2015 and 2016 is lowered due to a combination of slower marketings of fed cattle and reduced cow slaughter. Read more at Oklahoma Farm Report…