Tighter supplies to drive 2012 beef prices

Tighter supplies to drive 2012 beef prices

In its semi-annual report, the Department of Agriculture said total cattle numbers — on and off feedlot — for
July 1 were 100.0 million head, down 1.1 percent from a year ago. In a separate report, the USDA reported feedlot inventories at 10.45 million head, up 3.8 percent from a year ago. New feedlot placements in June were up 4 percent. 

Putting the numbers together shows that drought-induced early placement of feeders has caused feedlot numbers to swell. But thos

All access premium subscription

Why Upgrade your account?

NRN is your one-stop source for foodservice news and business intelligence. Upgrade today and get unlimited online access to all breaking news, in-depth analysis, data and tools. This includes digital versions of NRN flagship reports (Consumer Picks, Top 200) as well as Same Store Sales Data Tables, Quarterly Industry Snapshots and more.

Questions about your account or how to access content?
Contact: Desiree Torres [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.