Cattle News Central June 14 headlines:
Smithfield Foods to close California processing plant.
Both beef and pork prices were up over 10% year-over-year in the month of May.
The current beef cow slaughter rate suggests beef cowherd numbers could shrink more than one million head this year.
Inflation is moving from goods to services, which is often a sign inflation is becoming embedded in the economy.
Sponsored by AgRisk Advisors, Circle 5 School for Cattleman, & 4 T Ag Insurance.
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