By Eric Rama, Blaine Nelson and Tom Karmel
Spurred by strong demand and affordable feedstuffs, the U.S. beef sector has increased production 14% since 2015. However, the industry’s growth was not accompanied by a similar expansion in processing capacity. With no signs of plans to increase processing capacity in the near-term and an uncertain outlook for international trade, the cattle industry’s four-year expansion could be nearing its peak.
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