Beef Outlook Signals Continued Slaughter Surge Into 1976
The 1975 heavy slaughter of breeding cattle suggests a smaller 1976 calf crop with 8-10 percent higher Q4 1975 slaughter than 1974. U.S. steer and cow slaughter shifts mirror Canada’s, and high pork prices boost beef demand. Per capita beef consumption in 1975 may exceed 100 pounds, led by lower grade meat amid continued weak prices.
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