Beef, Veal and Lamb Report

February 4, 2010

View Beef, Veal and Lamb Report (pdf)

The January US total cattle and calf inventory was 1% smaller than the previous year adding fuel to forecasts for an overall decline in beef production in 2010. The January calf herd was slightly larger than last year suggesting similar cattle supply levels for 2011. Beef output last week declined 6.1% and was 2.7% less than the prior year due in part to weather. The beef markets are mixed. Many traditional steak cut beef product markets including ribeyes, strips and top butts could bottom in the next few weeks and then turn upward. The percentages of cattle grading choice and prime remain high.

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