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U.S. beef production declines, expect higher prices
date:Jan 14, 2013
n 2013 should be similar to the year-over-year decrease in 2011 compared to 2010.

In 2011, domestic per capita beef consumption decreased 3.8%, in large part because of a sharp increase in beef exports despite a minimal decrease in beef production. Beef consumption may drop more sharply in 2014 with a 5% decrease in per capita consumption compared to the lower 2013 level. The decreases in beef production and consumption almost certainly imply higher wholesale and retail beef prices, although ot

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