What does the smaller cattle inventory mean for the new packers that are expected to come on line in the near future?
It is important to remind readers that several large beef packing facilities are being built. Some are new ventures while others are expansions of well-established packers.
The first thought that comes to mind is that coming online when the beef cattle inventory is at its lowest level in more than 60 years and heifer retention is imminent, it is going to be a tough go of it for these operations. The reason it…