A livestock economist says continued strong demand for US beef and pork on the global market is good news, but it does create the potential for more volatility in prices.
University of Missouri livestock economist Scott Brown says there’s higher trade that could still happen in front of us. “That gets us higher prices,” he says. “Yet if one of the biggies were to pull down in terms of trade with us, that could spell lower prices ahead for us.”
US beef exports hit the $1 billion mark in August and China was a big contributor to that.
