As the nation’s cattle inventory continues its expansion, consumer demand is increasing at a steady clip, according to experts speaking at the Texas and Southwestern Cattle Raisers Association Convention in Fort Worth.
For Texas producers, the year is off to a good start with above-average rainfall and green forage on pastures for grazing.
“We are wet,” said Randy Blach, CEO of CattleFax, looking at a U.S. drought map during his CattleFax beef outlook presentation. “There’s not much red on the map.”
Blach said the El Nino pattern is expected to continue after the second wettest winter since 1980 for the cattle-feeding industry.
Read more at Texas A&M AgriLife