David Anderson, American economist, expresses his opinion on the actions of the USDA in favor of the expansion of the national cattle herd, in light of the inflation of beef prices and the external factors that have affected the sector.
Original content
Despite the United States Department of Agriculture (USDA) announcing an action plan to incentivize the reconstruction and expansion of the national cattle herd, the measures in favor of ranchers have not yet been detailed. The head of the agency, Brooke Rollins, expressed that while no economic support or direct payments will be provided to producers, the actions will include expanding access to grazing lands, as well as developing tools for risk mitigation. An expert opinion in the sector However, economist David Anderson from Texas A&M University expressed to the specialized media Meatingplace that any plan with measures of this kind will not have the expected effect or it will be too short to be significant, due to the nature of cattle farming and its prolonged production times. In recent months, beef prices in the U.S. have reached historic highs, Anderson added that while these figures should stimulate the expansion of the herd, high feed costs and drought have limited this ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.