An ag economist says cattle supplies continue to tighten and he doesn’t expect that to change anytime soon. University of Missouri’s Scott Brown. “Just like those tankers that have been stuck in canals, it takes big momentum to move them once they’re stuck,” he says. “And I think this a case as well, once we get short, we’ll be short for a long period of time.”
He tells Brownfield continued strong demand could send prices higher, sparking additional concerns.
