Growing the cattle industry: Where one livestock economist sees opportunity

A Livestock Economist says the outlook for the cattle industry is looking good, despite ongoing drought conditions across the world.

Brett Stuart with Global AgriTrends says he sees opportunity in the market because of growing global demand. He says in the next ten years, the world is going to need eight million more tons of beef.

The United Nations is already responding to that prediction saying they will increase production by four million tons in the next decade.

Related:

The U.S. has a new major buyer of live cattle

Sen. Deb Fischer weighs in on the Cattle Price Discovery & Transparency Act

Beef costs for consumers are up, so why aren’t producers getting a profit?






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