date:Jul 07, 2014
st year. U.S. feeder supplies will likely be down again with a 2014 U.S. calf crop fractionally smaller than last year and increased heifer retention further squeezing feeder supplies. However, the market attempts to compensate for declining supplies with high prices prompting adjustments wherever possible.
U.S. veal slaughter continues to decrease, accelerating a long term trend in recent years. Veal slaughter so far in 2014 is down 15 percent year over year, a pace that would result in an