A monthly column written for Beef Central by US meat and livestock market commentator, Steve Kay
THE beef chain in most countries, from ranch or farm to retail and restaurant, depends on consumers to keep paying up for beef.
But seldom, if ever, do all links in the chain make money at the same time. Right now in the US, ranchers and cattle feeders are making excellent profits. But it is questionable whether fed beef processors or retailers are making money. Retail margins on beef have evaporated as wholesale beef prices at the start of May were 15 percent higher than the same…
