Livestock trade focuses on rebalancing in 2024

Livestock trade focuses on rebalancing in 2024

A livestock economist says he expects global trade in the year ahead to reflect efforts to rebalance herd inventories.

Lance Zimmerman with Rabo AgriFinance says that will mean U.S. beef imports continue to increase as domestic supplies remain tight and producers work to increase their herds.

“And especially as we reduce cow slaughter, keeping those cows on farms and ranches, we’re going to import in more lean beef to take the place of that traditional U.S.

    

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