Research: production to decline in 2023
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According to Gidley-Baird, US production will begin a four-year decline starting next year. US production should fall by 3% in 2023, with additional annual declines of 2% to 5% possible into 2026. That is the potential loss of 400,000 to 500,000 metric tonnes of production annually . Data: Rabobank Research.
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SOURCE: Farmer & Cowboy Magazine – beef
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