Beef Consumption vs. Demand
Brenda Boetel, Professor, Department of Agricultural Economics, University of Wisconsin-River Falls Economic growth projections for the US and the world have been revised downward due to the impacts of COVID-19, with many global growth projections having contractions of nearly 3%. The US is expected to have one of the largest individual country contraction rates and is expected to contract nearly 5.7%. What does this mean for the beef market? Beef is a perishable…