“No ‘V’ shaped recovery in the feedlot industry, 45 additional lbs on the carcass is like adding 5% to the beef supply, thankful plants are killing at the capacity they are, Covid measures must be effective. Backlog down to only 30,000 now, getting closer to getting through this. Cull cows may be sluggish for a while until this clears. ”

The cattle backlog is easing, but feedlots are still hurting

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