Cow-calf returns for 2014 are predicted to hit record levels. However, the level of political uncertainty is at a peacetime high. That, combined with cattle market uncertainties, makes the 2014 outlook a mixed bag for the industry.
Beef demand has long been a topic of much concern in the industry, and rightfully so, because if consumers don’t buy beef, things get pretty tough back down the marketing chain. But what exactly is beef demand?
The U.S. District Court for the District of Columbia this week turned down a request for a preliminary injunction to stop USDA from going forward with implementing its mandatory country of origin (COOL) labeling rules while a lawsuit is still in play.