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New Mexico | no real supply of em relative to the various niches or process capacities.
Cowherd will keep dropping in numbers.
It's gonna take some higher priced cattle before folks trust the system to possibly ever expand.
Old style traditional fats would need a sustained level in the $120 cwt range, feeders to said system say $135 cwt for 750 weights, some sustained $175 calves etc.
Beef as an industry in the usa is actually in the process of being exported, Whole industry.
When this one is done, Brasil is next.
Same packers in all of the America's.
Long as there's supply and margin does not matter where they process em.
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Cattle market
