The Commstock Report last week made a very good point. Won't increased imports of cattle/beef perhaps lower the prices today but encourage cow/calf producers to sell heifers as fats at the expense of increasing cow herd size? Trump seems to think producers will retain heifers to increase herd size resulting in more fed cattle down the road. Increased heifer slaughter will increase the supply of beef today but in the long run won't it have the exact opposite effect? |