Herd Size

Terrain’s Dave Weaber says placements of cattle into feedlots will continue to shrink, long-feared beef slaughter capacity reductions have arrived, and the beef cow herd hasn’t begun to expand.

Although warning signs are emerging, economists say record-high beef prices could hold for up to two more years. Tight supplies and strong demand continue to drive the market, but economists and producers are apprehensive with talks of reopening the border.