National Ag News
USDA reports big April cattle placements
The USDA’s latest cattle on feed report shows a lot of cattle were placed into feedlots in April.
Texas A&M University Professor and Extension Economist David Anderson tells Brownfield recent cash cattle business and beef demand both played a role, “Feeders have made some money and packers have made some money in all of this and we’ve continued to pull cattle forward, because we’ve had some really great both domestic and export demand for beef.”
Anderson says the industry won’t fully feel the impact until late summer or early fall, but he’s optimistic, “I think all the indications are that we’ll continue to have very good exports of beef, that’s going to help us out.
Continue reading USDA reports big April cattle placements at Brownfield Ag News.
