Beef production in the United States is expected to decrease 4.8% in 2013, the second largest year-over-year decrease in 35 years, trailing only the 6.4% drop in 2004.
The reason is a combination of mostly steady carcass weights and a projected 5% or more decrease in cattle slaughter, said Derrell Peel, Oklahoma State University Cooperative Extension livestock marketing specialist in an OSU release.