Real Gross Domestic Product is projected to decline for just the second time since 2009 and an ag economist says that could be bad news for beef demand.
University of Missouri’s Scott Brown says as the cattle industry continues its contraction heading into 2023, higher prices should be a no-brainer. But, Brown says this kind of general economic outlook could take the shine off of what otherwise could be a pretty good year for cattle prices.
Slowing economy could pressure beef demand
