USDA suggests herds are rebuilding, JBS expands in beef
03/02/2015
The supply grew 1% to 89.8 million head on January 1 as farmers kept more breeding animals to produce new calves. The herd fell to a 60 year low in 2013.
Separately, meatpacker and tanning group JBS has announced it is spending $75 million on expanding its Utah beef facility.
"While the US beef industry has certainly faced recent supply challenges, we are confident that the expansion of our traditional cattle mix to include beef and dairy cows will result in ample cattle supply," said Steve Williams, head of cattle procurement for JBS USA.
Share this story:
