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CoBank Predicts Better Year for Livestock Producers in 2016

  • 29 Jan 09:42

CoBank Predicts Better Year for Livestock Producers in 2016 The supply glut that plagued US beef, pork and poultry markets in 2015 and ratcheted down margins is expected to ease in 2016, according to a new research report from CoBank. The bank says leading indicators point to animal protein supplies transitioning toward a state of equilibrium, with protein stocks more in line with overall levels of demand. “It’s clear that in the coming year, the headwinds and adverse conditions created by excessive protein stocks are clearing,” said Trevor Amen, animal protein economist withCoBank. “Surprisingly strong US consumer demand helped lay the groundwork for improving market conditions in the coming year,. Read more...