NEWS
Calif. Feeders Try to Rebound
Chris Clayton DTN Ag Policy Editor
Fri Jan 16, 2015 06:23 AM CST

BRAWLEY, Calif. (DTN) -- Cattle feeders in California's Imperial Valley had a good thing going for a while. They fed cheap Holstein steers that feeders elsewhere viewed as lesser animals. They had a corner on source-verified beef from cattle 20 months old or younger to export to Japan. They also had a packing plant on the edge of Brawley perfectly suited for their needs.

But the under-20-month market to Japan ebbed in early 2013 when Japan started buying beef from U.S. cattle 30 months of age or younger, so the age premium went away. Meanwhile, tight feeder cattle supplies nationally ...

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