#beef packer

Packer Capacity to Keep Up With Expanding Beef Herd

A new report says the U.S. beef herd will keep expanding through the end of this decade but there shouldn’t be any need for increased beef packer capacity. The report from CoBank says the herd will increase 3-5 percent from 2018-2019. Improving pasture conditions and continued profitability in the beef sector have been fueling herd expansion in recent years. Trevor Amen, an animal protein…