A livestock economist says there are more cattle in the US than the industry expected according to the USDA’s latest Cattle on Feed report.
But, University of Missouri livestock economist Scott Brown says he doesn’t want to focus solely on the negative. “But maybe some of the optimism I had later in 2021, this takes some of the shine off giving what’s been stronger placements than we anticipated.”
He tells Brownfield with input costs projected to rise, risk management will be key to the bottom line.
