A cattle market analyst says US beef producers delivered when consumers wanted a higher quality product.
Randy Blach is CEO of CattleFax. “We’ve seen over a 60 percent increase in the amount of choice, upper 2/3 choice, and prime beef production in the United States since the 2000-2005 time period,” he says. “It’s unprecedented to what that signal has been.”
He says despite the increase in production, margins continue to improve.
