Posted 11/18/2012 01:13 (#2703329) Subject: 2012 is the 5th year in a row
Of declining Global beef supply. USA produces 21%+ of supply, BR 16%, EU 14%, China 10%, AU 4%, CAN 2%. Since 2008 available beef supply has dropped 7.5 billion lbs., while global population is up 300 million folks. There has been No Herd Rebuilding in ANY of the major beef production countries in 012. That indicates that Global beef supplies will likely continue to be Less once again thru 013.