LIVESTOCK NEWS
Harrington's Sort & Cull
John Harrington DTN Livestock Analyst
Fri Jan 18, 2013 05:07 PM CST

While the specifics of Cargill's decision this week to close its beef processing plant in Plainview, Texas, took the market by bearish surprise, no one who has been paying attention to the dwindling size of the cow herd over the last decade or so can truly describe the plug-pulling as "unexpected."

Since the turn of the century, the beef factory has been remodeled to accommodate 4.2 million fewer mama cows. Accordingly, annual calf crop size has faltered from 38.6 million head to 34.5 million.

Although this relentless downsizing in cattle numbers naturally required fewer infrastructures to ultimately deliver steaks and ...

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