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- W472715465 abstract "The year-long across-the-board rally in cattle prices has been driven by a combination of favorable supply and demand factors which have aligned to push prices to record levels (Figure 1). On the supply side, the starting point is cattle numbers. Beef cow numbers are the lowest since 1962, and last year’s calf crop was the smallest since 1949. Cows are the “factory” where beef production begins. Over the years, a combination of poor returns, weather problems in key areas, and strong cull cow prices to satisfy the demand for processing beef encouraged the industry to “tear down” much of its production capacity. Obviously, this situation didn’t develop overnight, but it did set the stage for what has happened in the past 12 months. Rising carcass weights have partially offset the decline in cattle numbers, but the net result has been tight beef supplies." @default.
- W472715465 created "2016-06-24" @default.
- W472715465 creator A5028917010 @default.
- W472715465 date "2014-09-12" @default.
- W472715465 modified "2023-09-27" @default.
- W472715465 title "Cattle at the Crossroads" @default.
- W472715465 doi "https://doi.org/10.22004/ag.econ.199281" @default.
- W472715465 hasPublicationYear "2014" @default.
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