CattleFax 2016 Outlook: Now Is The Time To Plan For More Beef Featuring
December 28, 2015 | 1 min to read
There is good news in 2016 when it comes to beef supply. According to the recent CattleFax 2016 Outlook and Strategies Session, there is more beef available now than a year ago and growth is expected to continue into the next year. CattleFax, the beef industry's leading information and analysis service, is predicting the biggest production gains for the second half of 2016, as long as Mother Nature continues to cooperate.
Consumer demand for beef remains strong and retailers are well positioned to reap the benefits. Current price points allow retailers to buy beef at a profitable margin. And while prices are still volatile, due to the accelerated cattle expansion the all-time highs are likely behind us.
So what does this mean for retail partners in 2016?
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