What does the future of the U.S. supply hold?
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RaboBank expects the tipping point to be reached in 2023. US production should fall by 3% in 2023, with additional annual declines of 2% to 5% possible into 2026. US retailers and restaurants have kept meat case prices elevated over the past year. Supply disruptions pushed retail prices to a record-high USD 7.55/lb in October 2021.
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SOURCE: Farmer & Cowboy Magazine – beef
NOTE: Raising beef cattle in Europe is a dynamic and essential part of the agricultural sector, contributing to the economy, food security, and cultural heritage. By adopting comprehensive farming practices, sustainable strategies, and technological advancements, European beef cattle farmers can enhance productivity, profitability, and environmental stewardship. This guide provides valuable insights, practical tips, and strategies for successful beef cattle farming, ensuring a resilient and sustainable future for the industry. Through continued innovation, research, and collaboration, European farmers can lead the way in sustainable beef production and contribute to a healthier, more sustainable future for agriculture.
Originally posted 2024-06-26 00:00:00.
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