The rebuilding of the U.S. beef herd remains nonexistent. USDA Chief Economist Seth Meyer says that is also being felt in the dairy market. “On the dairy side, profitability has been good over the last year, but the ability to expand and respond to any profitability has been hampered by that same contraction in the beef herd. It has made beef-dairy crosses for dairy heifers profitable as well so we may be a little short on the purebred dairy heifers needed to expand the herd.”
