Red meat markets are poised to be an issue for foodservice operators in 2014. December’s USDA cattle report showed that new placements onto feedlots in November fell 7 percent year-over-year. Total feedlot inventories are historically low for this time of year at 10.72 million head, 5.5 percent below a year ago and 6.8 percent below the five-year average. The USDA is forecasting U.S. beef output to decline 5.7 percent in 2014 and to be 6.4 percent lower in the second half of 2014 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?