Special Report

Good: Beef herd expansion is ‘accelerating’

It looks like the long-awaited expansion of the nation’s beef cattle herd is finally gaining some momentum.

Heifer slaughter is down seven percent and beef cow slaughter down 16 percent in 2014. And Kevin Good, senior market analyst with CattleFax, thinks if the trend continues, the cow herd could increase by up to two million head—from the current 29 million up to 31 million—by 2018.

At the Cattle Industry Summer Conference in Denver, fellow farm broadcaster Ron Hays and I visited with Good about his current cattle market outlook.

AUDIO: Kevin Good (7:24 MP3)