By Kierra Leddy “Beef is not beef,” was the takeaway message from Don Close, Rabo AgriFinance economist, who spoke during Cattlemen’s College at NCBA’s Cattle Industry Convention. His presentation identified potential market disruptors, what our competitors are doing, our customer outlook, and why the U.S. imports beef. So where in the world are the big cattle herds? Close says the top four countries with the largest cattle herds are India, Brazil, China, and the U.S. Ironically, even though India has the largest cattle herd, Close labeled them as a market disruptor. A domestic market for meat consumption exists but it...
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