R-Calf Weekly Address: Domestic Beef Supply Chain on Road to Ruin

Over the past three years, the quantity of beef produced from domestic cattle decreased year-over-year while domestic beef consumption increased year-over-year. This is Exhibit 1, demonstrating severe market failure in the downstream, beef side of the supply chain. During that same period, the U.S. beef cow inventory declined year-over-year, occurring again at the same time … Continue reading The…