Texas beef herd signals higher prices ahead for producers and consumers
TEXAS A&M AGRILIFE experts anticipate a slower cattle herd rebuild and tighter cattle supplies will continue to ripple from cow-calf operations all the way to grocery stores Photo courtesy of Courtney Sacco/Texas A&M AgriLife
The latest U.S. Department of Agriculture cattle inventory report delivered another clear signal that the U.S. beef herd has yet to turn the corner, and Texas remains central to the story, said Texas A&M AgriLife Extension Service experts.
Nationally, the number of beef cows dropped just over 1%, a sharper decline than many market analysts expected, said David Anderson, Ph.D., AgriLife Extensio…